Top 10 fables chip makers revenue up by 12.5% in Q2 2023 ,while NVIDIA overtakes Qualcomm

Market researcher TrendForce reported that Q2 revenue for the top 10 global fables IC chip design companies rose to US $38.1 billion, marking a 12.5% quarterly increase. NVIDIA takes the lead in this growth overtaking Qualcomm in ranking, while the others in top 10 remained stable. Further findings by TrendForce includes: NVIDIA is reaping the rewards of a global transformation. Bolstered by the global demand from CSPs, internet behemoths, and enterprises diving into generative AI and large language models, NVIDIA's data center revenue skyrocketed by a whopping 105%. A deluge of shipments, including the likes of their advanced Hopper and Ampere architecture HGX systems and the high-performing InfinBand, played a pivotal role. Beyond that, both gaming and professional visualization sectors thrived under the allure of fresh product launches. Clocking a Q2 revenue of US$11.33 billion (a 68.3% surge), NVIDIA has vaulted over both Qualcomm and Broadcom to seize the IC design throne. Qualcomm's Q2 took a hit as the Android smartphone sector grappled with dwindling demand and Apple's modem pre-purchases resulted in a subdued seasonal rhythm. Consequently, their revenue slid by 9.7%, rounding off at about US$7.17 billion. Broadcom, while benefiting from AI-ignited demand for high-end switches and routers, faced headwinds with revenue drops in server storage, broadband, and wire...