Technology

How Bitcoin is Changing the Face of Non-Profits

Published

9 years ago

January 28, 2015

Jeff Desjardins

How Bitcoin is Changing the Face of Non-Profits

Before, we have covered how Bitcoin will disrupt the banking and finance sectors. However, that is only one consequence of the emergence of cryptocurrencies and the public ledger system known as the blockchain.

Non-profits and charities accepting bitcoins are already benefiting. These organizations typically rely on donations to survive, by accepting bitcoin donations opens them up to new opportunities that are otherwise not possible.

The infographic gives two examples of ways that bitcoins can make it to a non-profit. First, a donor can give directly to the public address (sometimes expressed through a QR code) of the organization. Alternatively, through an app such as Bitgive, a donor can find and select a charitable organization that accepts bitcoins. Then, the intermediary handles the transaction and makes sure the funds get to the organization.

The benefits are plentiful: donors can give money from anywhere in the world at anytime, the transaction fees are minimal, the transaction is anonymous, and organizations can use companies like Coinbase and BitPay which will instantly convert transactions into whatever is the preferred currency with little market fluctuation risk.

Original graphic from: WhoIsHostingThis

Related Topics:bitcoin cryptocurrency blockchain non-profit charity giving

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Technology

Ranked: Semiconductor Companies by Industry Revenue Share

Nvidia is coming for Intel’s crown. Samsung is losing ground. AI is transforming the space. We break down revenue for semiconductor companies.

Published

1 week ago

April 9, 2024

Pallavi Rao

A cropped pie chart showing the biggest semiconductor companies by the percentage share of the industry’s revenues in 2023.

Semiconductor Companies by Industry Revenue Share

This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources.

Did you know that some computer chips are now retailing for the price of a new BMW?

As computers invade nearly every sphere of life, so too have the chips that power them, raising the revenues of the businesses dedicated to designing them.

But how did various chipmakers measure against each other last year?

We rank the biggest semiconductor companies by their percentage share of the industry’s revenues in 2023, using data from Omdia research.

Which Chip Company Made the Most Money in 2023?

Market leader and industry-defining veteran Intel still holds the crown for the most revenue in the sector, crossing $50 billion in 2023, or 10% of the broader industry’s topline.

All is not well at Intel, however, with the company’s stock price down over 20% year-to-date after it revealed billion-dollar losses in its foundry business.

Rank	Company	2023 Revenue	% of Industry Revenue
1	Intel	$51B	9.4%
2	NVIDIA	$49B	9.0%
3	Samsung Electronics	$44B	8.1%
4	Qualcomm	$31B	5.7%
5	Broadcom	$28B	5.2%
6	SK Hynix	$24B	4.4%
7	AMD	$22B	4.1%
8	Apple	$19B	3.4%
9	Infineon Tech	$17B	3.2%
10	STMicroelectronics	$17B	3.2%
11	Texas Instruments	$17B	3.1%
12	Micron Technology	$16B	2.9%
13	MediaTek	$14B	2.6%
14	NXP	$13B	2.4%
15	Analog Devices	$12B	2.2%
16	Renesas Electronics Corporation	$11B	1.9%
17	Sony Semiconductor Solutions Corporation	$10B	1.9%
18	Microchip Technology	$8B	1.5%
19	Onsemi	$8B	1.4%
20	KIOXIA Corporation	$7B	1.3%
N/A	Others	$126B	23.2%
N/A	Total	$545B	100%

Note: Figures are rounded. Totals and percentages may not sum to 100.

Meanwhile, Nvidia is very close to overtaking Intel, after declaring $49 billion of topline revenue for 2023. This is more than double its 2022 revenue ($21 billion), increasing its share of industry revenues to 9%.

Nvidia’s meteoric rise has gotten a huge thumbs-up from investors. It became a trillion dollar stock last year, and broke the single-day gain record for market capitalization this year.

Other chipmakers haven’t been as successful. Out of the top 20 semiconductor companies by revenue, 12 did not match their 2022 revenues, including big names like Intel, Samsung, and AMD.

The Many Different Types of Chipmakers

All of these companies may belong to the same industry, but they don’t focus on the same niche.

According to Investopedia, there are four major types of chips, depending on their functionality: microprocessors, memory chips, standard chips, and complex systems on a chip.

Nvidia’s core business was once GPUs for computers (graphics processing units), but in recent years this has drastically shifted towards microprocessors for analytics and AI.

These specialized chips seem to be where the majority of growth is occurring within the sector. For example, companies that are largely in the memory segment—Samsung, SK Hynix, and Micron Technology—saw peak revenues in the mid-2010s.