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Chip expectations vary

September 22, 2022


The semiconductor market dropped 0.8% in 2Q 2022 versus 1Q 2022, according to WSTS. The 2Q 2022 decline followed a 0.5% quarter-to-quarter decline in 1Q 2022.

The 2Q 2022 revenues of the top 15 semiconductor suppliers match the overall market results, with a 1% decline from 1Q 2022.

The results by company were mixed. Memory suppliers SK Hynix and Micron Technology led with 2Q 2022 revenue growth of 13.6% and 11.0% respectively.

AMD’s revenues were up 11.3% primarily due to its acquisition of Xilinx. The weakest companies were Nvidia with a 19% decline due to weakness in gaming and Intel with a 16.5% decline because of a weak PC market.

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