Samsung was world's biggest chip manufacturer in 2024
After losing the first place to Intel back in 2023, Samsung has now returned as the world's biggest semiconductor manufacturer in 2024. The Korean tech giant secured the biggest market share of 10.5% last year with a total revenue of $66.5 billion. The company grew its shipments by a staggering 62.5% year-over-year due to a rebound in memory chip prices.
Samsung has been a key supplier of various chips spanning from DRAM, HBM, and NAND to CPU and GPU chips. However, the firm lost contracts with some high-profile clients like Nvidia due to overheating issues with Samsung's HBM memory chips, which are very sought-after in AI GPU manufacturing.
Reportedly, the issues have been ironed out and Samsung has already received Nvidia's certification, which in turn will boost Samsung's sales even further this year.
Still, Samsung is having some trouble refining its 3nm process, and it's a bit behind the curve compared to other chip manufacturers like TSMC, so it's focusing its efforts on bringing 2nm chips to the market as early as next year.