Evertiq Expo Warsaw: Top 10 chip companies took two-thirds of a record market

Nvidia alone accounted for roughly a third of the industry’s growth. Its revenue rose by USD 52.9 billion to USD 150.3 billion, and its lead over second-placed Samsung Electronics nearly tripled, from USD 22.3 billion to USD 64.5 billion. Nvidia's share of total semiconductor revenue rose from about 14.5% to just over 18%.

The main point of the presentation, given by Ewelina Bednarz, Content Manager at Evertiq, was that in a market growing by 23.3%, higher revenue on its own says little about a company’s position. Several companies in the top ten grew and still lost ground. Others grew faster than the market and did not gain a single place.

Over two years the pattern is even clearer. According to a press release from Omdia, total semiconductor revenue grew by about 53% between 2023 and 2025. Revenue for the ten largest suppliers grew by about 90% over the same period, while all other suppliers grew by roughly 8% combined. Nvidia and the three major memory makers, Samsung, SK hynix and Micron, went from 24% of industry revenue in 2023 to 42% in 2025.

Source: Omdia. Market shares calculated against total market revenue. *Value Omdia assigns to Apple’s in-house semiconductor activity, not external chip sales.

Memory moved the ranking

Most of the changes in position came from memory. Micron grew fastest in the top ten, up 56.3% or USD 16.4 billion, and climbed from seventh to fifth, passing both Broadcom and Qualcomm. SK hynix grew by 42.3% to USD 67.2 billion and moved into third place. In 2024 its revenue was about USD 3.1 billion below Intel’s. A year later it was USD 18.7 billion above.

Behind these numbers is a DRAM market that, according to Omdia, nearly tripled in two years, from just over USD 50 billion in 2023 to more than USD 150 billion in 2025. It grew by more than 50% in 2025 alone. The demand does not stop at the high-bandwidth memory paired with AI accelerators. “AI servers require not only more HBM but also significantly more system memory, particularly DDR5,” said Lino Jeng, Senior Principal Analyst at Omdia, in the press release.

As manufacturers shift capacity towards HBM and high-capacity server DRAM, Bednarz explained, supply of other memory types tightens, and prices rise beyond HBM as well. She also pointed out that the figures measure revenue, not volume: price and product mix explain much of the growth.

Samsung shows how fast the bar has moved. Its revenue rose by 14.2% to USD 85.8 billion and it kept second place. But it grew more slowly than the market, its share fell from 11.1% to 10.3%, and its lead over SK hynix shrank from USD 27.8 billion to USD 18.5 billion.

Growth without gain

Qualcomm is the clearest case of a company losing ground without losing revenue. It grew by 11.6% to USD 38.9 billion but dropped from fifth to seventh, and its share fell from 5.2% to 4.7%. MediaTek grew by 15.6% to USD 19.1 billion and kept tenth place, but its share also slipped, from 2.45% to 2.30%.

Some companies had the opposite problem. Broadcom grew by 28% to USD 39.5 billion and passed Qualcomm, but Micron passed Broadcom, so it stayed sixth. AMD grew by 33.4% to USD 32.7 billion, faster than both the market and the top ten as a whole, and still stayed ninth because Apple grew faster. The gap between the two widened from about USD 0.5 billion to USD 1.7 billion. Apple’s USD 34.4 billion is a value Omdia assigns to the chips Apple designs for its own products, not revenue from selling chips to other companies.

Intel was the only company in the top ten whose revenue fell. It declined by 3.7% to USD 48.5 billion, and the company dropped from third to fourth. Its share fell from 7.5% to 5.8%.

The rest of the market was not standing still. According to Omdia, all major application segments grew in 2025, unlike 2024, when automotive, consumer and industrial semiconductors all declined. Industrial semiconductors returned to growth at just over 6% after two years of decline. Data processing grew by more than 40% over the same period.

2026 is moving faster still

Figures from Omdia’s September update, presented in Warsaw, show the trend speeding up. Industry revenue reached USD 752 billion in the first half of 2026, about 90% of the full-year 2025 total. Second-quarter revenue alone passed USD 425 billion, up more than 31% from the first quarter. Memory made up more than half of the market in the second quarter, and DRAM, NAND and NOR all set quarterly revenue records. Excluding memory, revenue rose by just over 10% from the previous quarter, against a historical second-quarter average of just over 3%.

The Semiconductor Industry Association (SIA) has reported that global semiconductor sales passed USD 1 trillion year to date through August 2026, the first time the industry has reached that level. August sales were USD 159.7 billion, up 144.3% year on year and the 18th consecutive month of growth. SIA expects full-year 2026 sales to exceed USD 1.6 trillion. The SIA figures are based on World Semiconductor Trade Statistics data and use a different method from Omdia’s, so the two sets of numbers are not directly comparable.

For the many companies in the Warsaw audience serving industrial, automotive and other non-AI markets, Bednarz argued, this concentration is a practical matter. The investment and production priorities of a few of the largest suppliers increasingly affect component availability for products far removed from AI. She closed with a question for the room: if a growing share of the industry’s revenue goes to a small group of companies, to what extent will their priorities decide what is possible for everyone else?

Evertiq Expo will be back in Warsaw next year on October 21, 2027.