Top Ten Fabless grow 17.8%

Author: EIS Release Date: Jan 3, 2024


Q3 revenues for the fabless top ten rose 17.8% q-o-q to $44.7 billion.

Nvidia’s Q3 revenue rose 45.7% to $16.5 billion. Cirrus Logic grew 51.7% to $481 million take the No.10 slot driven by smartphone stockpiling demand. Will Semiconductor grew 42.3% in Q3 to $752 million.

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Qualcomm’s Q3 revenues rose 2.8% to $7.4 billion but Nvidia’s success trimmed Qualcomm’s market share to 16.5%. Broadcom’s Q3 revenues grew 4.4% to $7.2 billion.


AMD’s Q3 revenue grew 8.2% to $5.8 billion. . MediaTek’s Q3 revenue rose by 8.7% to $3.5 billion as smartphone stocks were replenished.


Marvell’s Q3 revenues were up 4.4% at $1.4 billion. Novatek and Realtek saw revenues decline by 7.5% and 1.7% respectively.