According to preliminary results from market research company Gartner, affected by the sudden drop in storage demand, global semiconductor revenue will total US$533 billion in 2023, a decrease of 11.1% from 2022. Among them, Intel surpassed Samsung and returned to the leading position in semiconductors for the first time in three years, while Nvidia benefited from AI business opportunities and entered the top five manufacturers for the first time.
From the perspective of manufacturers, Intel's semiconductor revenue in 2023 will decrease by 16.7% to US$48.7 billion, surpassing Samsung for the first time in three years and returning to the first place; Samsung's semiconductor revenue in 2023 will plummet by 37.5% to 39. US$900 million, ranking second; Qualcomm fell 16.6% to US$29 billion, ranking third (same as in 2022); Broadcom increased 7.2% to US$25.6 billion, ranking fourth (ranked sixth in 2022).
Gartner analyst Alan Priestley said: "While the cyclicality of the semiconductor industry will reappear in 2023, the market experienced difficulties during the year, with memory revenue experiencing the worst decline in history. The underperforming market also had a negative impact on multiple semiconductor suppliers. Only 9 of the top 25 semiconductor suppliers achieved revenue growth in 2023, and 10 of them experienced double-digit declines."
Gartner pointed out that the semiconductor revenue of the top 25 semiconductor manufacturers will decrease by 14.1% in 2023, accounting for 74.4% of the market share, down from 77.2% in 2022.
Gartner reports show that storage revenue will fall by 37% in 2023 due to declining demand and excess channel inventory. Among them, DRAM revenue fell by 38.5% to US$48.4 billion, and NAND flash memory revenue dropped from 37.5% to US$36.2 billion. Non-memory revenue performed better, falling 3% in 2023.