There is provided a semiconductor device that enables a semiconductor module that connects a wiring substrate and a semiconductor chip mounted on the wiring substrate via a circuit element and that has reduced a wiring length to improve transmission quality of signals or the like so as to achieve miniaturization of the semiconductor module. The semiconductor device includes a wiring substrate, a semiconductor chip disposed on an upper surface of the wiring substrate, a resin portion formed between the wiring substrate and the semiconductor chip, and a circuit element embedded in the resin portion. The circuit element includes a first terminal connected to wiring formed on the upper surface of the wiring substrate, and a second terminal connected to a bump provided on a lower surface of the semiconductor chip.