In a close race with Intel, Samsung, and TSMC, Nvidia emerged as the world’s most lucrative semiconductor chip brand. Thanks to the continued boom in generative AI, the GPU designer rose from fourth place in Q1 2023 to the top spot in Q3 2023.
After compiling financial data from Intel, Nvidia, Samsung Semiconductor, and TSMC for every quarter from Q1 2021, Taipei-based financial researcher Dan Nystedt discovered that Nvidia has surpassed all other chip companies in terms of profitability. In the third quarter of this year, Nvidia brought in an incredible $18.12 billion in revenue and made $10.42 billion in profit. That’s a 206% gain over the previous year, with AI chips for data centers accounting for most of these earnings.
By contrast, the largest contract chip maker in the world, TSMC, made $17.28 billion in revenue and $7.21 billion in profit. Despite having $14.16 billion in revenue during the third quarter of 2023, Intel lost $8 million. In the third quarter of 2023, Samsung Semiconductor, the company’s chip design and production division, brought in $12.52 billion in sales, but its losses skyrocketed to $2.86 billion.
The largest memory chip manufacturer in the world, Samsung, is having difficulties as a result of declining memory chip costs and cautious consumer behavior in recent years. But in the upcoming quarters, there will undoubtedly be a rise in the demand for memory chips. Samsung has also made significant financial investments to advance its semiconductor fabrication technologies. A contract might be possible for making some AMD and Qualcomm chips.
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