Revenues in the global semiconductor market, including memory, are expected to rise 19% year over year to $621 billion in full-year 2024. The impressive growth highlights the industry’s recovery after a weak 2023, driven primarily by surging demand for artificial intelligence technology, even amid a modest recovery in the broader logic semiconductor market. The continued strength of the memory market and GPUs continues to support global semiconductor revenue. In 2024, global memory revenue is expected to grow 64% year-on-year due to continued production cuts caused by demand recovery. In addition, high-bandwidth memory (HBM) also boosted the industry. On the other hand, global logic revenue is also expected to grow 11% year-on-year in 2024, as GPUs play a key role in the training and development of artificial intelligence models. Despite the sluggish performance of the automotive and industrial sectors, global semiconductor revenue has still recovered moderately. In the latest analysis, Samsung's market share has risen sharply from 8.9% in 2023 to 11.8% in 2024. In 2024, SK Hynix maintained the second place in global semiconductor revenue, with its market share increasing significantly from 4.8% in 2023 to 7.7%. Micron's market share is expected to grow from 3.2% in 2023 to 4.8% in 2024. Qualcomm maintains its third position in the global semiconductor market share, with equipment and service revenue increasing 14% year-on-year in 2024 and a market share of 5.6%. Broadcom is also expected to succeed, with its semiconductor solutions revenue expected to grow 8% year-over-year in 2024, driven by growing artificial intelligence revenue. Nvidia's full-year semiconductor revenue increased 50% year-over-year, and its market share increased from 3.4% in 2023 to 4.3% in 2024. In contrast, Intel is facing ongoing challenges, with its revenue falling 24% year-over-year in 2024, resulting in a drop in market share to 4.9% from 7.7% in the previous year. The semiconductor industry is experiencing significant growth as demand for innovative products surges in industries such as artificial intelligence, robotics, communications, and more. Well-known companies such as Nvidia, Samsung, and Qualcomm have solidified their positions as market leaders, performing well in terms of market capitalization and revenue. Meanwhile, despite significant challenges facing Intel that threaten its competitive position, the United States remains at the forefront of the semiconductor race, especially its high-value semiconductor companies. |
<<: Panasonic exhibits 0.45mm flexible battery: smaller than a credit card
Before we start building a growth framework for o...
The placement of information flow advertising is ...
What is the price for joining the Fuyang Chemical...
520 is coming Your love's call Emm...it shoul...
I wrote an article about Toutiao before, which wa...
Some time ago, I read Dr. Li Mingtao's articl...
The Chinese Valentine's Day is coming soon. H...
Qutoutiao focuses on "light reading", f...
After get off work on November 20, the Ministry o...
Cheap mobile phones from virtual operators are al...
For thousands of years, the plum rains have creat...
The biggest advantage of Android phones is that th...
Routers are the first choice for thousands of hou...
How to measure the distance from Betelgeuse to Ea...
The data shows that compared with the historical ...