Samsung regained the highest of the leaderboard of semiconductor corporations by income, Gartner mentioned on Feb. 3 in its yearly worldwide semiconductor vendor statistics report. World semiconductor income hit $626 billion, up 18.1% from 2023.
“The rising demand for AI and generative AI (GenAI) workloads led information facilities to develop into the second-largest marketplace for semiconductors in 2024, behind smartphones,” mentioned George Brocklehurst, vp analyst at Gartner, in a press launch.
Samsung takes the highest of the semiconductor leaderboard
Samsung Electronics sat on the high of Gartner’s semiconductor leaderboard with $66.5 billion in income, rounded. The highest 5 semiconductor distributors had been:
- Samsung ($66.5 billion in income).
- Intel ($49.2 billion in income).
- NVIDIA ($46 billion in income).
- SK hynix ($42.8 billion in income).
- Qualcomm ($32.4 billion in income).
A rebound in reminiscence gadget costs helped Samsung take the highest spot from Intel. NVIDIA moved up two spots to quantity 5 as a consequence of its success within the AI market. Regardless of Intel’s AI PC enterprise and the Core Extremely chipset, the corporate’s semiconductor income development stayed flat at 0.1% development in 2024; Gartner mentioned Intel’s AI accelerator and x86 enterprise offset its successes. Gartner mentioned NVIDIA’s sturdy AI enterprise is the rocket engine behind its climb up the record.
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Knowledge facilities, CPUs, and AI processors drive the rise
“Graphics processing items (GPUs) and AI processors utilized in information middle functions (servers and accelerator playing cards) had been the important thing drivers for the chip sector in 2024,” Brocklehurst mentioned within the press launch.
Knowledge middle semiconductor income alone was $112 billion in 2024, up from $64.8 billion in 2023.
Reminiscence can also be sizzling, with 71.8% income development amongst reminiscence merchandise in 2024. Excessive-bandwidth reminiscence (HBM) manufacturing had a big affect, answerable for a good portion of income for DRAM distributors; DRAM income total grew by 75.4% in 2024.
Nonmemory income, which accounts for many (74.8%) semiconductor income, grew 6.9% in 2024.
Semiconductor income predicted for 2025
As of February 2024, Gartner mentioned the semiconductor sector will proceed to see rising income, with $705 billion of income predicted in 2025.
“Reminiscence and AI semiconductors will drive near-term development,” Brocklehurst mentioned. Particularly, HBM income will enhance and make up a bigger share of the whole DRAM income.