NVIDIA and AMD were the Fastest Growing Chipmakers in 2020 with a Growth of 52% and 45%, respectively

The year 2020 was an eventful one, and for most firms was a time of falling revenues and widespread layoffs. The semiconductor industry, however, saw ample growth. The stay-at-home and work-from-home lifestyle meant that more and more people were working, studying, and playing, and let’s face it, you can’t do either without a PC if you’re home alone. While foundries like TSMC, SMIC, and Samsung saw ample growth, the largest profits were raked in by the likes of NVIDIA and AMD.

NVIDIA was the front-runner with a massive increase of 52% in its yearly revenue, going from $10,125 million in 2019 to $15,412 for the FY2020. AMD, on the other hand, banking on the success of the Ryzen 3000 and 5000 CPUs, paired with the launch of the next-gen consoles saw its revenue surge by 45% (from $6,731 to $9,763), making it the second most successful fabless chipmaker of 2020. Other notable names include Qualcomm and MediaTek with an annual growth of 34% and 37%, respectively. Broadcom had a rough year with the YoY revenue being mostly flat. Realtek and Novtek enjoyed moderate growth of 30-35% while Xilinx saw a small drop in yearly revenues. With the Xilinx merger in its final stages, AMD will be neck-to-neck against NVIDIA in terms of the overall revenue from 2022.


Areej Syed

Processors, PC gaming, and the past. I have been writing about computer hardware for over seven years with more than 5000 published articles. Started off during engineering college and haven't stopped since. Mass Effect, Dragon Age, Divinity, Torment, Baldur's Gate and so much more... Contact: areejs12@hardwaretimes.com.
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