Technology

Ranked: Largest Semiconductor Foundry Companies by Revenue

Published

5 months ago

November 20, 2023

Marcus Lu

Article/Editing:

Pallavi Rao

Graphics/Design:

Miranda Smith

This chart shows the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023.

Ranked: Largest Semiconductor Foundry Companies by Revenue

They’re in our phones, cars, planes, and even fridges.

Semiconductor chips have become critical for the modern way of life, and the biggest semiconductor foundry companies rake in billions of dollars from widespread demand.

This chart shows the largest semiconductor foundry companies by their percentage of global revenues in Q1 2023, using data sourced from Trendforce.

ℹ️ We highlight data for companies that only operate foundries (fabrication plants) that manufacture chips for clients, also known as a “pure-play” foundries, as well as companies that design and manufacture their own chips, known as integrated device manufacturers. “Fabless” manufacturers that only design and don’t manufacture their own chips are not included.

Semiconductor Foundry Companies by Revenue

At the top of the list and dwarfing every other company by revenue share is TSMC which earned 60% (or nearly $17 billion) of the entire industry’s revenue in Q1 2023.

Founded in 1987, TSMC is a pure-play foundry that has become Taiwan’s largest company and manufactures products for a host of clients including Apple, NVIDIA, and AMD.

Rank	Company	Country	Revenue (Q1 2023, USD)
1	TSMC	🇹🇼 Taiwan	$16,735M
2	Samsung	🇰🇷 South Korea	$3,446M
3	GlobalFoundries	🇺🇸 US	$1,841M
4	UMC	🇹🇼 Taiwan	$1,784M
5	SMIC	🇨🇳 China	$1,462M
6	HuaHong Group	🇨🇳 China	$845M
7	Tower Semiconductor	🇮🇱 Israel	$356M
8	PSMC	🇹🇼 Taiwan	$332M
9	VIS	🇹🇼 Taiwan	$269M
10	DB Hitek	🇰🇷 South Korea	$234M
	Other		$556M
	Global Total		$27,860M

Note: Revenue based on the following conversion rates: USD 1 = WON 1,276; USD 1 = NTD 30.4.

Well behind TSMC in foundry revenues is integrated device manufacturer Samsung, the biggest company in South Korea, which made $3.4 billion (12.4% of the industry’s revenue) from its semiconductor manufacturing business.

GlobalFoundries from the U.S., UMC from Taiwan and SMIC from China round out the top five, with each taking home around 6% of industry’s revenue share in Q1 2023. The former spun out from AMD’s manufacturing arm when the company went fabless in 2009.

Industry concentration is apparent in semiconductors. For example, the top 10 semiconductor foundry companies account for 98% of the entire industry’s revenue. Furthermore, 90% of the market is dominated by companies in just three Asian countries: Taiwan, South Korea, and China.

Related Topics:china samsung taiwan israel semiconductors tsmc semiconductor semiconductor companies U.S.semiconductor foundries integrated device manufacturers pure play foundries Tower Semiconductor

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Technology

All of the Grants Given by the U.S. CHIPS Act

Intel, TSMC, and more have received billions in subsidies from the U.S. CHIPS Act in 2024.

Published

11 hours ago

April 26, 2024

Marcus Lu

All of the Grants Given by the U.S. CHIPS Act

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

This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors.

The grant amounts visualized in this graphic are intended to accelerate the production of semiconductor fabrication plants (fabs) across the United States.

Data and Company Highlights

The figures we used to create this graphic were collected from a variety of public news sources. The Semiconductor Industry Association (SIA) also maintains a tracker for CHIPS Act recipients, though at the time of writing it does not have the latest details for Micron.

Company	Federal Grant Amount	Anticipated Investment From Company
🇺🇸 Intel	$8,500,000,000	$100,000,000,000
🇹🇼 TSMC	$6,600,000,000	$65,000,000,000
🇰🇷 Samsung	$6,400,000,000	$45,000,000,000
🇺🇸 Micron	$6,100,000,000	$50,000,000,000
🇺🇸 GlobalFoundries	$1,500,000,000	$12,000,000,000
🇺🇸 Microchip	$162,000,000	N/A
🇬🇧 BAE Systems	$35,000,000	N/A

BAE Systems was not included in the graphic due to size limitations

Intel’s Massive Plans

Intel is receiving the largest share of the pie, with $8.5 billion in grants (plus an additional $11 billion in government loans). This grant accounts for 22% of the CHIPS Act’s total subsidies for chip production.

From Intel’s side, the company is expected to invest $100 billion to construct new fabs in Arizona and Ohio, while modernizing and/or expanding existing fabs in Oregon and New Mexico. Intel could also claim another $25 billion in credits through the U.S. Treasury Department’s Investment Tax Credit.

TSMC Expands its U.S. Presence

TSMC, the world’s largest semiconductor foundry company, is receiving a hefty $6.6 billion to construct a new chip plant with three fabs in Arizona. The Taiwanese chipmaker is expected to invest $65 billion into the project.

The plant’s first fab will be up and running in the first half of 2025, leveraging 4 nm (nanometer) technology. According to TrendForce, the other fabs will produce chips on more advanced 3 nm and 2 nm processes.

The Latest Grant Goes to Micron

Micron, the only U.S.-based manufacturer of memory chips, is set to receive $6.1 billion in grants to support its plans of investing $50 billion through 2030. This investment will be used to construct new fabs in Idaho and New York.