Nvidia Thrives Amid Global Semiconductor Revenue Decline

Intel Reclaims Top Spot as Samsung Suffers Major Revenue Loss

Despite a global decline in semiconductor revenues by 11% in 2023, Nvidia saw a 56% surge in revenue, placing it among the top five semiconductor vendors.
Intel regained the top spot from Samsung in semiconductor-derived revenue, despite a 16.7% drop in its own revenues.
Samsung, the largest producer of NAND and DRAM memory, experienced a 37.5% slide in revenues.
STMicroelectronics saw a 7.7% boost in revenues, attributed to increased demand for electric vehicles.
Memory revenue recorded one of its worst declines in history, with a 37% drop in 2023.