Overview:
In Q1 2024, Samsung took the #1 spot in the global semiconductor market, with strong demand from the memory market, especially for DDR5 and storage for generative AI. NVIDIA ranked #2, recording another quarter of revenue growth (19% QoQ), thanks to its dominance in AI, which triggered a sales boom in the data center segment. Intel reported a 14% QoQ revenue decline in Q1 2024 due to soft demand at Intel foundry, Altera and Mobileye. SK hynix and Micron also benefited from the solid memory market to report sequential revenue growth and rank #4 and #7 respectively during the quarter. Qualcomm and Broadcom ranked #5 and #6 respectively in the quarter, both reporting single-digit QoQ revenue declines due to weak performance in their key businesses.
Number of Pages: 1
Published Date: June 2024