Samsung was once international’s largest chip producer in 2024

After shedding the primary position to Intel again in 2023, Samsung has now returned as the sector’s largest semiconductor producer in 2024. The Korean tech large secured the most important marketplace percentage of 10.5% ultimate yr with a complete earnings of $66.5 billion. The corporate grew its shipments by way of a staggering 62.5% year-over-year because of a rebound in reminiscence chip costs.

Samsung has been a key provider of more than a few chips spanning from DRAM, HBM, and NAND to CPU and GPU chips. Then again, the company misplaced contracts with some high-profile purchasers like Nvidia because of overheating problems with Samsung’s HBM reminiscence chips, which can be very sought-after in AI GPU production.

Reportedly, the problems had been ironed out and Samsung has already gained Nvidia’s certification, which in flip will spice up Samsung’s gross sales even additional this yr.

Nonetheless, Samsung is having some bother refining its 3nm procedure, and it’s kind of at the back of the curve in comparison to different chip producers like TSMC, so it is focusing its efforts on bringing 2nm chips to the marketplace as early as subsequent yr.

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