Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror
×
Businesses Intel

Nvidia Beats TSMC and Intel To Take Top Chip Industry Revenue Crown For the First Time (tomshardware.com) 21

Nvidia has swung from fourth to first place in an assessment of chip industry revenue published today. From a report: Taipei-based financial analyst Dan Nystedt noted that the green team took the revenue crown from contract chip-making titan TSMC as Q3 financials came into view. Those keeping an eye on the world of investing and finance will have seen our report about Nvidia's earnings explosion, evidenced by the firm's publishing of its Q3 FY23 results.

Nvidia charted an amazing performance, with a headlining $18.12 billion in revenue for the quarter, up 206% year-over-year (YoY). The firm's profits were also through the roof, and Nystedt posted a graph showing Nvidia elbowed past its chip industry rivals by this metric in Q3 2023, too. Nvidia's advance is supported by multiple highly successful operating segments, which have provided a multiplicative effect on its revenue and income. Again, we saw clear evidence of a seismic shift in revenue, with the latest set of financials shared with investors earlier this week.

This discussion has been archived. No new comments can be posted.

Nvidia Beats TSMC and Intel To Take Top Chip Industry Revenue Crown For the First Time

Comments Filter:
  • ...with MASSIVE need for equally massive computational powers, and after covid-19 insane graphics card prices that people actually bought, that's not surprising at all.

  • Fabless? (Score:5, Insightful)

    by Midnight Thunder ( 17205 ) on Friday November 24, 2023 @03:52PM (#64029381) Homepage Journal

    From what I understand Nvidia doesn't fabricate chips themselves and instead contracts out [reuters.com] to firms like TSMC. Also I am not aware that TSMC makes chips of their own, which makes the headline and summary comparison odd.

    Also I'd be curious to see how Nvidia's profits compares to its revenue.

  • by LordHighExecutioner ( 4245243 ) on Friday November 24, 2023 @04:50PM (#64029435)
    ...will become quite NVidious!
  • ...and yet, if someone handed me a free Nvidia RTX 4090, I'd sell it in a heartbeat and buy an AMD RX7900 XT instead.
  • The summary doesn't mention the profit, but if Nvidia's profit is also higher, TSMC should take not and start charging Nvidia more to make their chips ;)

What we anticipate seldom occurs; what we least expect generally happens. -- Bengamin Disraeli

Working...