As you know, there has been a great competition in the semiconductor industry in recent years: Artificial intelligence, mobile processors and high-performance hardware have caused a fierce struggle among chip manufacturers, while Samsung was the company that regained the leadership in the world semiconductor market as of 2024! The South Korean giant surpassed its competitors with record revenue from chip sales.
Samsung sold $ 66.5 billion worth of chips in 2024!
According to a new report published by market research firm Gartner, Samsung Electronics has become the largest semiconductor manufacturer with chip sales of $ 66.5 billion in 2024. This figure shows that Samsung has reached a 10.5 per cent share of the global chip market. However, the company was by far the fastest rising name in the industry, recording a full 62.5 per cent growth compared to last year.
Following Samsung, Intel ranked second with $ 49.1 billion, while Nvidia ranked third with $ 45.7 billion. In the ranking of chip manufacturers, giants such as SK Hynix, Qualcomm and AMD also found a place in the top ranks.
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Behind Samsung’s great success lies the price increases in memory chips and high demand. Increases in DRAM and NAND memory prices have significantly increased the company’s revenues. In particular, the explosion in demand for artificial intelligence chips enabled Samsung to get a large share of the pie with HBM (High Bandwidth Memory) chips.
Samsung, which has made major investments especially for the production of next-generation 2nm chips, aims to commercialise this technology next year and attract major manufacturers back to its side.
This competition in the chip world is getting hotter with the increasing demand for artificial intelligence and high-performance processors. Samsung’s recapture of leadership could force giants such as Intel and Nvidia to invest more aggressively. It is also curious how the race between TSMC and Samsung will affect prices and technological developments in the coming years.
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