2024 Q1 Revenue TOP15 Semiconductor Companies, Nvidia Leads the Way

Latest update time：2024-06-01

Reads：

????If you hope to meet more often, please mark the star ?????? and add it to your collection~

Source: Content compiled by Semiconductor Industry Observer (ID: i cbank) Translated from mynavi , thank you.

Semiconductor Intelligence (SI) of the United States has released the top 15 semiconductor companies by sales in the first quarter of 2024 (January-March) (tentative version).

According to the financial report, NVIDIA ranked first with sales of $26 billion, an increase of 18% month-on-month, which is quite different from the second-place Samsung Electronics with sales of $17.4 billion and an increase of 6.7%. However, NVIDIA's fiscal year is one month later than other companies, so the $26 billion figure is the company's data for the period from February to April 2024. The company expects a further increase of $28 billion in the second quarter (May-July period), an increase of 7.5%.

SI said Intel ranked third, down 17% from the previous year to $12.7 billion, and fourth was Broadcom with $12 billion, but Broadcom's first-quarter results are scheduled for June and have not yet been announced, so the figure is for the fourth quarter of 2023.

The performance of the top 15 companies was different from the previous quarter, ranging from a 23% increase in the seventh-ranked Micron Technology to a 19% decrease in the 12th-ranked STMicroelectronics. Five of the 15 companies showed positive growth, while nine companies showed negative growth (excluding Broadcom, which has not yet disclosed). In addition, Renesas Electronics ranked 14th among Japanese companies.

As with the first quarter, outlooks for the second quarter of 2024 varied. Eight companies issued positive growth guidance, with NVIDIA, Samsung, and Sk hynix all citing AI as a driver. Three companies reported negative growth: Qualcomm, MediaTek, and STMicroelectronics attributed it to a seasonal decline in smartphone sales.

Market research firms’ full-year forecasts for 2024 are consistent with positive growth, but there are differences in the rate of growth

In addition, recent forecasts for the semiconductor market growth rate in 2024 by market research firms, securities firms and the media vary widely, ranging from 4.9% to 28%. However, after WSTS announced in early May that the semiconductor market size in the first quarter was $137.7 billion, a year-on-year increase of 15.2% and a month-on-month decrease of 5.7%, the trend seemed to be different from the previous forecast. This is because the first quarter usually sees a month-on-month decline due to seasonal factors, but the 5.7% decline was more severe than expected.

Thus, company forecasts published in February and March range from 17% growth at DigiTimes to 28% growth at Swiss UBS, but since the WSTS announcement, UK firm Future Horizons has released its full-year forecast in January. The US Cowan LRA model published in May showed only 10% growth, TECHCET 12%, while SI's growth forecast for 2024 was revised down to 4.9% growth in May, from 16% growth in February to 18% growth in May.

Reference Links

https://news.mynavi.jp/techplus/article/20240531-2956531/

Click here???? to follow us and lock in more original content

END

*Disclaimer: This article is originally written by the author. The content of the article is the author's personal opinion. Semiconductor Industry Observer reprints it only to convey a different point of view. It does not mean that Semiconductor Industry Observer agrees or supports this point of view. If you have any objections, please contact Semiconductor Industry Observer.

Today is the 3783rd issue of content shared by "Semiconductor Industry Observer" for you, welcome to follow.