Intel drops to No.3

In Q1 2024, Samsung regained the No.1-spot in the global semiconductor market, with strong demand from the memory market, especially for DDR5 and HBM, says Counterpoint Research.

NVIDIA ranked No.2 with 19% QoQ revenue growth, thanks to its dominance in AI.

Intel reported a 14% QoQ revenue decline in Q1 2024 due to soft demand at Intel foundry, Altera and Mobileye.


Hynix and Micron benefited from the solid memory market to report sequential revenue growth and rank No.4 and No,7/respectively during the quarter.


Qualcomm and Broadcom ranked No.5 and No.6 respectively in the quarter, both reporting single-digit QoQ revenue declines due to weak performance in their key businesses.


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