Intel surpassed Samsung and returned to the first place in global semiconductor revenue
author：China Electronic News
Intel surpassed Samsung and returned to the first place in global semiconductor revenue
According to a research report released by Counterpoint on January 26, the overall revenue of the global semiconductor industry fell by 8.8% in 2023 due to a slowdown in corporate and consumer spending. The world's top 20 semiconductor suppliers contributed 71% of the market share, down from 76% in 2022, and revenue fell 14% year-over-year. Only six of these semiconductor suppliers saw year-over-year revenue growth. Overall, 2023 is a year for semiconductor companies to strategically and manage inventory adjustments in order to prepare for the coming AI boom.
Intel surpassed Samsung and returned to the first place in global semiconductor revenue
2023年半导体营收前十厂商（来源：Counterpoint）
In terms of specific rankings, Intel surpassed Samsung and returned to the first place in semiconductor revenue.
Although the annual revenue of both suppliers has declined compared to 2022, Samsung's storage business has encountered a headwind cycle in 2023, resulting in a much larger decline in Samsung Semiconductor's revenue than Intel. The reporter learned from Samsung's third-quarter financial report calculation that Samsung's storage business revenue in the third quarter of 2023 decreased by 44.7% compared with the same period in 2022, and the storage business revenue in the first three quarters of 2023 decreased by 98.5% compared with the same period in 2022, almost halved.
Intel surpassed Samsung and returned to the first place in global semiconductor revenue
Source: China Electronics News based on Samsung's financial report
Intel's revenue in 2023 will be 14% lower than in 2022. By segment, Intel's client computing division, which accounts for more than half of Intel's revenue, saw its full-year revenue decline 8% year-on-year, data center and AI division, network and edge revenue decreased by 20% and 31%, respectively, and Mobileye's and foundry business revenue increased by 11% and 103%, respectively. Among the performance highlights, Intel has high expectations for the performance of its foundry business and the fifth-generation Xeon processors released in the fourth quarter of 2023.
Nvidia and Broadcom's annual revenues are expected to grow year-over-year. Under the wave of generative AI and large models, NVIDIA is the biggest winner in the semiconductor market in 2023. Counterpoint estimates that Nvidia's annual revenue increased by 86%, ranking third among semiconductor manufacturers in terms of market share, entering the top five for the first time, and will continue to lead the growth of the semiconductor industry.
The demand for network chips in artificial intelligence has also driven the growth of Broadcom's business volume. Broadcom's business growth in the second and third quarters of 2023 was primarily driven by customer demand for large-scale AI networks and AI clusters. In addition, Broadcom completed the acquisition of VMware this year, and its current market value ranks among the top three semiconductor companies.
For the semiconductor market in 2024, Counterpoint believes that market demand will rebound. William Li, senior analyst at Counterpoint, said that artificial intelligence (AI servers, AI PCs, AI smartphones, etc.) will continue to be the main growth driver for the semiconductor industry in 2024. The second is the rebound in the memory industry due to the normalization of supply and demand and the recovery of demand. The automotive industry, which drove the growth of Infineon and STMicroelectronics in 2023, will also continue to be the driving force of the market.
