Technology
Is 3D Printing Disruptive Technology?
Is 3d Printing Disruptive Technology
Technology moves at an extremely fast pace. However, particularly when it comes to adoption, technology seems to only inch forward sometimes. 3d printing will likely revolutionize the way we prototype and manufacture, but it takes some time for industry and individuals to get on board.
The above infographic makes the point that right now we are only partially into the typical adoption curve. It took about 35 years to reach an average of one personal computer per person in the US. While it is not statistically accurate to superimpose that same adoption curve on the 3d printing market, it does give us some insight.
At that rate, it looks like there would be one 3d printer for every five people in the US by 2023 or so. By 2040, we’d have nearly full adoption. In other words: it takes time for a technology to truly be disruptive. We’ll likely see 3d printing fall off the map in the hype cycle, and re-discover it when it is ready to conquer the latter part of the adoption curve.
It’s hard to predict revolutions. In 1943 Thomas Watson, the chairman of IBM, boldly predicted “I think there is a world market for maybe five computers”. Not a bad guess, but he was only off by tens of billions of devices.
Original graphic from: Farnell
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.
Semiconductor Companies by Industry Revenue Share
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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.
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