Intel Reclaims Its Position as the Largest Semiconductor Company in the World

Intel Reclaims Its Position as the Largest Semiconductor Company in the World

TL;DR
Intel reclaimed its position as the largest semiconductor company in the world with a revenue of $48.7 billion in 2023. Samsung fell to second place with a revenue of $39.9 billion. NVIDIA ranked fifth on the list of the largest semiconductor companies. Qualcomm's yearly revenue in 2023 was $29 billion, down from $34.78 billion in 2022. Broadcom was fourth with a 2023 revenue of $25.59 billion, up from $23.87 billion the previous year. SK Hynix was sixth, with a massive drop of 32% in revenue, from $33.5 billion in 2022 to $22.76 billion in 2023. AMD maintained its seventh spot with a mild drop of -5.6% in revenue.


Intel has regained its position as the largest semiconductor company in the world, with a revenue of $48.7 billion in 2023. Samsung, which was the top company in 2022, fell to second place with a revenue of $39.9 billion. NVIDIA had a successful year, with its revenue growing to $23.98 billion from $15.33 billion the previous year.


2023 Rank 2022 Rank Vendor 2023 Revenue 2023 Market Share (%) 2022 Revenue 2023-2022 Growth (%)
1 2 Intel 48.664 9.1 58.436 -16.7
2 1 Samsung Electronics 39.905 7.5 63.823 -37.5
3 3 Qualcomm 29.015 5.4 34.780 -16.6
4 6 Broadcom 25.585 4.8 23.868 7.2
5 12 NVIDIA 23.983 4.5 15.331 56.4
6 4 SK Hynix 22.756 4.3 33.505 -32.1
7 7 AMD 22.305 4.2 23.620 -5.6
8 11 STMicroelectronics 17.057 3.2 15.842 7.7
9 9 Apple 17.050 3.2 18.099 -5.8
10 8 Texas Instruments 16.537 3.1 18.844 -12.2
Others (outside top 10) 268.853 50.7 294.729 -8.8
Total Market 533.025 100.0 599.562 -11.1

NVIDIA ranked fifth on the list of the largest semiconductor companies, thanks to the growing generative AI market. Most companies saw a drop in revenue or minimal increases, but NVIDIA had a fruitful scorecard.


Qualcomm's yearly revenue in 2023 was $29 billion, down from $34.78 billion in 2022. Broadcom was fourth with a 2023 revenue of $25.59 billion, up from $23.87 billion the previous year. SK Hynix was sixth, with a massive drop of 32% in revenue, from $33.5 billion in 2022 to $22.76 billion in 2023.


AMD maintained its seventh spot with a mild drop of -5.6% in revenue. Team Red recorded a 2023 revenue of $22.31 billion, down from $23.62 the year before.