Nvidia driven by AI demand, number 1 in semiconductor sales last year… Surpassing Samsung and Intel

Top 10 Semiconductor Suppliers Based On Global Sales In 23·24 Years (Source: Gartner)

Nvidia Surpassed Samsung Electronics And Intel In The Semiconductor Market Last Year, Becoming The Global Number 1 Based On Sales. The Main Factor Leading To The Change In Ranking Is Analyzed To Be The Surge In Demand For Artificial Intelligence (AI).

According To The Market Research Firm Gartner On The 11th, The 2024 Global Semiconductor Sales Increased By 21% From The Previous Year To A Total Of 655.9 Billion USD. Among These, Nvidia Achieved Sales Of 76.7 Billion USD, An Increase Of 120.1% Compared To The Previous Year, And For The First Time Took The Top Position In Semiconductor Sales. The Explosive Increase In Demand For Graphic Processing Units (dGPU) Used In Data Center AI Workloads Is Cited As The Main Cause Of Sales Growth.

Samsung Electronics Recorded 65.7 Billion USD In Sales, An Increase Of 60.8% From The Previous Year, Thanks To The Rebound In Memory Prices Due To Semiconductor Supply And Demand Imbalance, And Took The 2nd Position. A Rebound In Performance Was Observed In Both DRAM And NAND Flash.

Intel, Which Once Held The Number 1 Position In The Industry, Slipped To 3rd Place As Last Year's Sales Only Increased By 0.8% Due To A Weakening Position In The AI Market. Due To The Aftermath Of Poor Performance, A Large-scale Layoff Was Carried Out, Some Production Facility Investments Were Postponed, And CEO Pat Gelsinger Recently Stepped Down.

SK Hynix Ranked 4th With Sales Of 44.2 Billion USD, A Growth Of 91.5% Year-on-year, Based On Its High Bandwidth Memory (HBM) Competitiveness. It Recorded The Second Highest Growth Rate Among The Top 10 Companies After Nvidia.

Meanwhile, The Semiconductor Foundry Company TSMC, Specializing In Semiconductor Contract Manufacturing, Was Not Included In This Survey. However, If Including TSMC's Announced Annual Sales Of About 88.6 Billion USD In 2023, There Is Analysis That TSMC Would Be The Practical Number 1.

Gartner Explained, "With The Increase In Demand Due To AI Infrastructure Expansion And Memory Sales Exceeding 70%, There Was A Significant Change In Rankings Among The Top Companies."