Relying on games and more on AI, NVIDIA is the only company to achieve double-digit growth in the first quarter

Qualcomm maintains its dominant position in the IC industry, with its market share still at 23.5%, according to TrendForce statistics. The company's smartphone division achieved 6.1% sequential growth, mainly due to the launch of the Snapdragon 2nd generation and the adoption of flagship chipsets by major retailers such as Samsung and OnePlus.

Nvidia’s revenue has increased significantly due to the rapid growth in demand for generative artificial intelligence worldwide. The company expects significant growth in the second quarter. Nvidia's gaming segment and data center segment experienced significant growth of 20% and 10%, respectively, in the first quarter. Nvidia's earnings surged 13.5% to $6.73 billion. The company's market share is expected to grow rapidly and it is expected to surpass Qualcomm as the industry leader in the near future.

As demand has dropped to historical lows, companies such as AMD and MediaTek still face the challenge of inventory adjustment. Both companies are facing declining revenue and market share. It's clear that the two companies' current chip portfolios are not capable of attracting AI customers in the same way that Nvidia has.

According to TrendForce’s forecast, the industry is expected to experience an economic recovery in the next few quarters as inventory conditions improve. The release of a new generation of games is also expected to help the industry. (Source: wccftech)

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