Semiconductor market revenue in 2023: Intel returns to the top of the list, Samsung drops 38%, and Nvidia grows 86%

News from this site on January 27, according to the latest report released by market research agency Counterpoint Research, global semiconductor industry revenue will fall by 8.8% in 2023 due to slowdown in corporate and consumer spending.

As Samsung's growth slows due to the decline of its storage business, Intel regains the top spot in revenue in 2023; NVIDIA uses artificial intelligence investment to make its revenue It almost doubled in 2023, jumping to 3rd place.

The memory industry will be the most affected in 2023 due to weak demand and oversupply. However, the semiconductor industry has two major forces driving recovery in 2024. First of all, artificial intelligence is developing rapidly, and the explosive growth will bring huge demand for semiconductors. Secondly, the storage business is also expected to recover, bringing new growth opportunities to the semiconductor industry. These two factors will bring positive development prospects to the semiconductor industry in 2024.

The revenue of the top ten semiconductor companies accounts for 55% of global revenue

2023 is an important reshuffle year for the semiconductor industry. Compared with 2022, there are only 6 global top 20 companies. Large semiconductor suppliers achieved year-over-year revenue growth.

Intel's PC and server divisions saw double-digit shipment declines year-over-year, resulting in a 16% year-over-year revenue decline. Despite this, Intel still managed to regain the number one spot in semiconductor revenue in 2023.

The storage industry has been significantly dragged down by weak demand in the PC, server and smartphone markets, as well as oversupply and excess inventory across the market. Samsung has also been greatly affected by the slowdown in the memory market, with revenue in the two market segments of DRAM and NAND falling 38% year-on-year. This trend demonstrates the challenges currently facing the storage industry, which requires finding new growth opportunities and strategies to adapt to market changes.

NVIDIA will become one of the most prominent growth companies in 2023 with its rapid deployment in the AI ​​field. The company continues to lead growth in the semiconductor industry, and its general-purpose GPUs have very high market share in artificial intelligence and high-performance computing. According to statistics, Nvidia's revenue in 2023 increased by 86% year-on-year, ranking third in the global rankings, and entering the top five for the first time. This achievement demonstrates NVIDIA's outstanding performance in technological innovation and market expansion, laying a solid foundation for its future development.

Commenting on market dynamics, senior analyst William Li said:

We expect that artificial intelligence (AI) technology will continue to be the main endogenous growth driver for the semiconductor industry through 2024 . In addition, the memory industry is also expected to rebound due to supply and demand balance and demand recovery. The continued growth in demand for AI servers, AI PCs, AI smartphones and other products will drive the development of the semiconductor market. At the same time, as people's demand for data processing and smart devices continues to increase, the memory market will also usher in a recovery. To sum up, the artificial intelligence and memory industries will be the main growth engines of the semiconductor industry in 2024.

The automotive industry may become another driver of the market due to content growth, which is already the main revenue driver for Infineon and STMicroelectronics in 2023.

The original address of the report is attached to this website. Interested users can read it in depth.

Related reading:

"Global semiconductor revenue dropped by 11% in 2023: Intel regained the first place from Samsung, and NVIDIA entered the top five for the first time"

The above is the detailed content of Semiconductor market revenue in 2023: Intel returns to the top of the list, Samsung drops 38%, and Nvidia grows 86%. For more information, please follow other related articles on the PHP Chinese website!