Graphics chip big Nvidia has grow to be probably the most worthwhile semiconductor agency within the third quarter (Q3) of this yr, surpassing Intel, Samsung, and Taiwan Semiconductor Manufacturing Firm (TSMC). Taipei-based monetary analyst Dan Nystedt compiled monetary outcomes from Intel, Nvidia, Samsung Semiconductor, and TSMC for all quarters since Q1 2021, and the figures confirmed that Nvidia has surpassed all others to grow to be the world’s most worthwhile chip firm.
“Nvidia swooped in and took the third quarter chip trade income crown, beating out TSMC, Intel and Samsung because the generative AI pattern continues to strengthen,” Nystedt posted on X. “Nvidia might win second place in full-year chip income in 2023, beating Intel and Samsung, whereas TSMC stays on observe to take the title,” he added. Nvidia’s income was $18.12 billion within the third quarter of this yr, with a revenue of $10.42 billion, a 206 p.c (year-over-year) improve, with AI chips for knowledge centres accounting for almost all of the revenue. The information was first reported by SamMobile.
As compared, TSMC, the world’s largest contract chip producer, generated $17.28 billion in income and $7.21 billion in revenue. Intel’s income for the third quarter of 2023 was $14.16 billion, nevertheless it misplaced $8 million. Samsung Semiconductor, Samsung’s chip designing and manufacturing arm, had income of $12.52 billion however losses of $2.86 billion.
In response to the report, Samsung Semiconductor is dealing with a tough time due to the costs of reminiscence chips and the purchasers have been cautious of that over the previous few years. Nonetheless, contemplating that the demand for chips will improve within the coming quarters, Samsung has invested massive swaths of cash to enhance its chip fabrication expertise. The report additionally stated that Samsung is prone to get contracts to make chips from AMD and Qualcomm, two of the world’s greatest chipmakers.
— Written with inputs from IANS
Get newest Tech and Auto information from Techlusive on our WhatsApp Channel, Fb, X (Twitter), Instagram and YouTube.
