- NVIDIA Took No. 1 Position for the First Time Reaching 11.7% Market Share
- Samsung Electronics Remained in No. 2 Spot, While Intel Dropped to No. 3 Ranking
Dubai, United Arab Emirates, April 14, 2025 — Worldwide semiconductor revenue totaled $655.9 billion in 2024, up 21% from $542.1 billion in 2023, according to final results by Gartner, Inc. NVIDIA climbed to the No. 1 position, overtaking Samsung Electronics and Intel for the first time.

Expert Take:
“The position shift among the top 10 semiconductor vendor revenue ranking is due to large demand for AI infrastructure buildout and an increase of 73.4% in memory revenue,” said Gaurav Gupta, VP Analyst at Gartner. “NVIDIA moved to the No. 1 spot as a result of a marked increase in demand for its discrete graphic processing units (GPUs) that served as the primary choice for AI workloads in data centers.
Continue reading Gartner Says Worldwide Semiconductor Revenue Grew 21% in 2024


