The semiconductor industry is one of the most competitive and rapidly evolving markets in the world. Three giants—TSMC, Samsung, and Intel—are constantly battling for dominance. Their market share, revenue, and technological advancements dictate the future of everything from smartphones to artificial intelligence. This article takes a deep dive into the latest market share data and what it means for these semiconductor leaders.
1. In 2024, Samsung reclaimed the top position in the global semiconductor industry with a market share of 10.6%
Samsung’s ability to reclaim the top position in the semiconductor market is no small feat. This resurgence comes after periods of fluctuating revenue and market performance.
The company has invested heavily in advanced chip technology, particularly in DRAM and NAND flash memory. Samsung’s aggressive approach in expanding its fabrication plants and improving yield rates has helped it regain market dominance.
For businesses relying on Samsung’s chips, this means increased reliability and innovation in their product supply chain.
However, with geopolitical uncertainties and fluctuating consumer demand, Samsung will need to maintain momentum by staying ahead in process technology, particularly in its foundry business, where it still trails TSMC.
2. Intel held the second position in 2024, capturing a 7.9% share of the global semiconductor market
Intel’s ability to maintain a strong market position despite stiff competition is a testament to its resilience. While it has lost its edge in manufacturing, Intel remains a leader in processor technology for PCs and data centers.
The company is now focusing on reclaiming its leadership by developing new process nodes, investing in its foundry services, and strengthening its AI chip capabilities.
For enterprises and investors, Intel’s shift towards foundry services could mean new opportunities, particularly as governments push for semiconductor independence.
If Intel succeeds in developing competitive chips at advanced nodes, it could shake up the market and take share from TSMC and Samsung.
3. Nvidia closely followed Intel in 2024, securing a 7.3% share of the global semiconductor market
The rise of Nvidia highlights the growing importance of AI and GPU technologies. While Nvidia does not manufacture its own chips, it relies on TSMC for fabrication. Its success has been driven by the explosion of demand for AI chips and graphics processors used in gaming, data centers, and AI training.
For companies in the semiconductor supply chain, Nvidia’s market growth signals a shift toward specialized chips optimized for AI workloads. This means that traditional CPU dominance may decrease, with more companies designing their own custom AI accelerators.
4. In Q3 2024, TSMC dominated the global semiconductor foundry market with a 64.9% share
TSMC’s dominance in the foundry market is undisputed. As the world’s largest contract chip manufacturer, it produces chips for companies like Apple, Nvidia, AMD, and even Intel. TSMC’s ability to maintain high market share stems from its leadership in cutting-edge process technology.
This dominance means that any disruptions in TSMC’s operations could have ripple effects across the industry. Businesses that rely on TSMC should consider diversifying their suppliers, especially given geopolitical tensions surrounding Taiwan.
5. Samsung’s share in the global semiconductor foundry market was 9.3% in Q3 2024
Samsung remains TSMC’s biggest competitor in the foundry business but still has a long way to go. Samsung’s foundry division has struggled with yield issues at advanced nodes, which has prevented it from capturing more market share.
Companies looking for alternatives to TSMC should weigh the risks and benefits of switching to Samsung Foundry. While Samsung offers competitive pricing and aggressive expansion plans, its track record with cutting-edge nodes is still behind TSMC.
6. In Q2 2024, TSMC’s market share in the global wafer foundry market was 62%
The wafer foundry business is essential for global semiconductor supply chains. TSMC’s continued leadership in this sector is due to its cutting-edge process nodes and strong customer relationships.
Businesses relying on advanced chip manufacturing should closely monitor TSMC’s production capacity. If demand for AI chips, 5G devices, and high-performance computing continues to surge, supply constraints could impact pricing and availability.
7. Samsung held a 13% market share in the global wafer foundry market during Q2 2024
Is Samsung Falling Behind, or Playing the Long Game?
With a 13% market share in the global wafer foundry sector, Samsung Foundry is holding its ground but facing intense pressure from both TSMC and emerging players.
The biggest question isn’t just about numbers—it’s about strategy. Is Samsung slipping in the race, or is it positioning itself for a more aggressive push in the coming years?
The semiconductor industry isn’t just about today’s market share; it’s about who controls the future. Samsung may not lead in overall share, but its moves in advanced nodes, memory integration, and AI-driven manufacturing could redefine its standing.
8. SMIC maintained a 6% market share in the global wafer foundry market in Q2 2024
China’s largest foundry, SMIC, is growing despite U.S. sanctions. While it still lags behind in advanced process nodes, its focus on mature nodes has given it a stable market share.
Companies exploring foundry diversification may find SMIC a viable option for non-cutting-edge chips. However, geopolitical risks and potential restrictions should be carefully considered.
9. In Q3 2024, TSMC’s market share increased to 64%, up 2% from the previous quarter
TSMC’s recent market share surge to 64% marks a pivotal moment in the semiconductor industry. This 2% increase in a single quarter is more than just a number—it’s a statement.
It signals not only TSMC’s ability to maintain dominance but also its growing competitive edge over Samsung and Intel. For businesses that rely on advanced chip manufacturing, this shift has significant implications.
Why TSMC is Pulling Ahead
TSMC’s growth isn’t happening in a vacuum. The company is executing on multiple fronts with precision, and its strategy is paying off.
Its 3nm process node is proving to be a game-changer, securing orders from top-tier clients like Apple and Nvidia. While competitors are still fine-tuning their advanced nodes, TSMC has managed to scale production efficiently, ensuring high yields and stable supply.
Another factor is the company’s unrivaled supply chain resilience. TSMC has mastered the art of mitigating geopolitical risks while securing long-term commitments from clients. Businesses that require stability in their chip supply are naturally gravitating toward TSMC.
10. Samsung’s market share in the global wafer foundry market was 12% in Q3 2024
A Strong Second Player, But Challenges Remain
Samsung continues to be a formidable competitor in the global semiconductor foundry space. With a 12% market share in Q3 2024, it remains the second-largest player behind TSMC.
While this position demonstrates Samsung’s ability to secure major customers, the gap between it and the industry leader highlights the intense competition in this space.
For businesses relying on semiconductor supply chains, understanding Samsung’s positioning is critical.
The company’s advanced fabrication capabilities, focus on cutting-edge nodes, and vertically integrated structure offer distinct advantages—but also come with unique challenges.
11. In 2023, TSMC’s revenue reached $69.3 billion, surpassing Intel’s $54.23 billion and Samsung’s $50.99 billion
The Revenue Race: More Than Just Numbers
TSMC’s $69.3 billion revenue in 2023 isn’t just a financial milestone—it’s a statement of dominance. With Intel at $54.23 billion and Samsung at $50.99 billion, the revenue gap highlights TSMC’s stronghold on the semiconductor industry.
However, these numbers don’t tell the full story. Revenue is an outcome of strategic decisions, customer loyalty, and technological leadership.
Businesses looking to align with a semiconductor supplier must go beyond revenue figures and evaluate what these numbers mean for market positioning, innovation, and long-term stability.
12. TSMC’s market share is projected to climb from 59% in 2023 to 64% in 2024 and 66% in 2025
TSMC’s projected growth from 59% in 2023 to 64% in 2024 and 66% in 2025 is not just a trend—it’s a strategic shift in the semiconductor industry.
As the world’s leading foundry cements its dominance, businesses that depend on chip manufacturing must prepare for a new era of supply chain dynamics, pricing power, and competitive positioning.
The Strategic Drivers Behind TSMC’s Market Expansion
This projected market share increase is not happening by chance. TSMC has built a reputation for execution, reliability, and technological leadership—factors that are becoming even more critical as chip demand surges across AI, automotive, and high-performance computing markets.
Its investment in next-generation process nodes, particularly its aggressive push into 2nm technology, ensures it stays ahead of competitors. With Apple, Nvidia, AMD, and other major players committing to long-term contracts, TSMC is solidifying its grip on the market while locking in revenue streams.
Geopolitical factors also play a role. As global companies seek to mitigate risks tied to China, many are doubling down on TSMC, particularly with its planned U.S. and European expansion efforts.
This means a broader customer base, more diversified manufacturing hubs, and an even stronger competitive position.
13. In Q3 2024, the total revenue of the world’s top ten wafer foundries increased by 9.1% quarter-over-quarter, reaching $34.9 billion
The semiconductor industry is experiencing strong growth despite global economic uncertainties. A 9.1% increase in total revenue for the top ten foundries shows that demand for chips is still rising. This is being driven by AI, automotive, and high-performance computing.
For businesses that depend on semiconductors, this means rising costs and possible supply constraints. Companies should work closely with their suppliers to secure production capacity in advance. Long-term agreements and partnerships with foundries can help prevent disruptions.
14. TSMC’s market share in the global foundry market was 57.9% in Q3 2023, while Samsung’s was 12.4%
Comparing Q3 2023 with Q3 2024, TSMC has strengthened its grip on the foundry market, while Samsung’s share has slightly declined. TSMC’s continued success is due to its technological advancements and high yield rates.
For companies looking for foundry services, this statistic confirms that TSMC remains the safest choice for cutting-edge chips. However, diversifying supply chains by working with multiple foundries, including Samsung and Intel’s new foundry services, can reduce risk.
15. In Q1 2024, TSMC’s market share was 62%, a one-percentage-point improvement from Q1 2023
TSMC’s slight increase in market share suggests that it continues to win more business from chip designers. As the leader in 5nm and 3nm manufacturing, TSMC remains the go-to foundry for advanced chips.
For semiconductor buyers, this reinforces the need to secure production slots at TSMC as early as possible. The demand for cutting-edge chips will only grow, especially as 2nm technology becomes available in 2025.
16. Samsung’s market share in the global foundry market was 13% in Q1 2024, two percentage points higher than in Q1 2023
Samsung made slight gains in early 2024, but its overall market share remains far behind TSMC. The company’s focus on 3nm technology and partnerships with major customers like Qualcomm and Tesla may help it grow further.
Businesses considering Samsung Foundry should closely monitor its progress in improving yield rates. If Samsung successfully scales its advanced nodes, it could become a stronger alternative to TSMC.
17. In 2023, TSMC’s market share improved by 1.3% compared to 2022
Even a small gain in market share is significant in the semiconductor industry. TSMC’s 1.3% increase reflects its ability to stay ahead in advanced chip manufacturing.
Companies relying on semiconductors should recognize that TSMC will likely remain dominant in the near future. Developing long-term supplier relationships and investing in supply chain resilience will be critical for stability.
18. In Q3 2024, TSMC’s revenue grew by 13% quarter-over-quarter to $23.53 billion
A 13% revenue increase for TSMC shows that demand for its chips is accelerating. AI, data centers, and 5G technologies are fueling this growth.
For tech companies and chip buyers, this means prices could increase as demand outpaces supply. Planning ahead and securing chip orders early will be essential.
19. Samsung’s revenue in the semiconductor foundry market decreased by 12.4% quarter-over-quarter in Q3 2024
A Setback, But Not a Defeat
Samsung’s semiconductor foundry business took a hit in Q3 2024, with revenue declining by 12.4% compared to the previous quarter. While this drop raises concerns, it does not necessarily indicate a long-term downward trend.
Instead, it reflects a mix of macroeconomic factors, market shifts, and competitive pressures—each of which holds important strategic lessons for businesses relying on Samsung as a chip supplier.
For companies evaluating semiconductor supply chain decisions, understanding why Samsung’s revenue dipped and what it means for future pricing, capacity, and partnerships is critical.
20. In Q3 2024, TSMC’s market share in the global foundry market was 64.9%, while Samsung’s was 9.1%
TSMC’s Unshakable Lead: What It Means for the Industry
TSMC’s 64.9% market share in the global foundry industry isn’t just dominance—it’s near-total control. This level of market share reflects a level of trust, execution, and capacity that no competitor has been able to match.
For businesses, this means one thing: TSMC remains the go-to choice for high-performance chip manufacturing. Whether it’s for AI, automotive, mobile, or high-performance computing, the industry’s biggest players continue to rely on TSMC’s advanced nodes, consistent yields, and supply chain reliability.
However, such dominance also presents risks. With most of the semiconductor world tied to a single supplier, businesses must consider diversification strategies to protect themselves against geopolitical tensions, supply chain disruptions, or unexpected production challenges.
21. In 2024, TSMC’s market share in the global foundry market is projected to be 64%
TSMC’s projected 64% share of the global foundry market in 2024 is more than a statistic—it’s a defining moment in the semiconductor industry.
This dominance underscores the company’s ability to outpace competitors in technology, scalability, and client loyalty. For businesses relying on semiconductor manufacturing, this market shift has deep and far-reaching consequences.
Why TSMC’s Market Share Matters More Than Ever
A 64% market share means that nearly two-thirds of the world’s outsourced semiconductor production will run through TSMC. This level of control gives the company immense influence over pricing, supply chain priorities, and the strategic direction of the industry.
Businesses that depend on cutting-edge chips—whether in AI, consumer electronics, automotive, or cloud computing—must recognize the implications. TSMC’s leadership in advanced nodes (3nm and the upcoming 2nm) ensures it remains the top choice for premium chip production.
However, the increased demand also raises concerns about production bottlenecks, supply constraints, and potential price increases for businesses that don’t secure early manufacturing agreements.
22. In 2025, TSMC’s market share in the global foundry market is projected to reach 66%
A Dominant Force That Continues to Expand
TSMC’s projected 66% market share in 2025 is more than just a number—it’s a clear indication of its industry dominance. The company has consistently outperformed its competitors in securing high-value customers, advancing cutting-edge process nodes, and ensuring reliable, high-yield production.
For businesses relying on semiconductor manufacturing, this projection reinforces TSMC’s status as the most dependable foundry partner. However, it also raises important strategic questions:
Is it wise to put all eggs in the TSMC basket? Will the company’s rapid expansion lead to supply bottlenecks? And how will pricing shift as TSMC tightens its grip on the market?
23. In Q2 2024, the global wafer foundry market saw a revenue increase of approximately 9% quarter-over-quarter and 23% year-over-year
This rapid revenue growth signals strong demand for semiconductors. AI, cloud computing, and automotive chips are driving much of this expansion.
Businesses in the semiconductor space should anticipate continued growth and plan accordingly. Investing in R&D and securing production capacity now will be critical.
24. In Q3 2024, TSMC’s market share increased by 2% from the previous quarter
TSMC’s ability to gain an additional 2% of the market in just one quarter highlights its strength.
Companies should watch for how TSMC’s next-generation technologies will shape the industry. Early adoption of advanced chips could provide a competitive edge.
25. In Q3 2024, Samsung’s market share in the global wafer foundry market was 12%
Is 12% a Sign of Stability or a Warning Signal?
Samsung’s 12% market share in the global wafer foundry market shows it remains a strong player, but the real question is whether this position is sustainable.
While it continues to be the second-largest foundry after TSMC, the widening gap suggests Samsung needs a more aggressive strategy to stay competitive.
For businesses, this 12% share presents both risks and opportunities. While Samsung remains a viable alternative to TSMC, concerns over manufacturing consistency, yield rates, and customer retention must be weighed carefully.
Companies seeking a foundry partner should consider whether Samsung’s roadmap aligns with their long-term semiconductor needs.
26. In Q3 2024, TSMC’s market share in the global foundry market was 64.9%
TSMC’s market share climbing to 64.9% in Q3 2024 is a defining moment in the semiconductor industry.
This isn’t just a continuation of its lead—it’s a widening gap between TSMC and its closest rivals, Samsung and Intel. For businesses dependent on semiconductor supply, this shift carries both opportunities and challenges.
The Strategic Factors Driving TSMC’s Growth
This growth is not accidental. TSMC’s consistent execution, ability to scale leading-edge manufacturing, and deep relationships with key clients have all played a role.
The company’s dominance in 3nm technology, with clients like Apple, Nvidia, and AMD relying heavily on its production, has given it an edge over competitors still struggling with yield and process maturity.
Another key factor is TSMC’s supply chain resilience. In a world where geopolitical tensions and supply chain disruptions continue to be major risks, TSMC has built a reputation for reliability.
This has made it the preferred choice for companies looking to secure long-term manufacturing agreements, further cementing its position as the industry leader.
27. In Q3 2024, Samsung’s market share in the global foundry market was 9.3%
A Shrinking Footprint in a Competitive Landscape
Samsung’s market share in the global foundry market dipped to 9.3% in Q3 2024, signaling a challenging period for the company.
While Samsung remains the second-largest foundry player, the decline in market share highlights growing competitive pressures, customer concerns over yield rates, and shifting industry dynamics.
For businesses relying on Samsung’s foundry services, this trend raises critical strategic questions: Can Samsung regain lost ground? Is it still a reliable alternative to TSMC? And how should companies adjust their semiconductor sourcing strategies in light of these changes?
28. In Q2 2024, TSMC’s market share in the global wafer foundry market was 62%
A Dominant Position That Defines the Industry
TSMC’s 62% market share in the global wafer foundry market is not just a number—it’s a reflection of its overwhelming control over the semiconductor industry.
This level of dominance signals that the world’s biggest tech companies continue to trust TSMC for their most advanced chip manufacturing needs.
But for businesses navigating the semiconductor landscape, this statistic raises critical questions. Does TSMC’s monopoly create risks? Are there viable alternatives? And how should companies approach long-term semiconductor sourcing to stay competitive in a rapidly shifting industry?
29. In Q2 2024, Samsung’s market share in the global wafer foundry market was 13%
Samsung’s 13% market share in the global wafer foundry market in Q2 2024 highlights both its strengths and ongoing challenges. While the company remains the second-largest foundry, its position is under pressure.
With TSMC expanding its lead and Intel aggressively pursuing new foundry clients, the question is whether Samsung is poised for a breakthrough or if its foundry ambitions will continue to struggle against execution hurdles.
The Challenges Holding Samsung Back
Despite its leadership in memory chips, Samsung has faced persistent challenges in the foundry business. One of the biggest hurdles is yield performance on its advanced nodes.
While Samsung was the first to introduce 3nm gate-all-around (GAA) technology, lower-than-expected yield rates have made potential clients hesitant to shift away from TSMC.
Another challenge is customer confidence. Unlike TSMC, which focuses solely on contract manufacturing, Samsung competes with its own customers by producing in-house Exynos chips.
This dual role has led to concerns about priority allocation and long-term partnership reliability. Many major clients, including Qualcomm and Nvidia, have opted to stay with TSMC for their most advanced designs.
Geopolitical concerns also play a role. While Samsung is investing in foundry capacity in the U.S., particularly in Texas, much of its cutting-edge manufacturing remains concentrated in South Korea.
Given the semiconductor industry’s sensitivity to geopolitical shifts, some companies may prefer a more geographically diversified foundry partner.
30. The semiconductor industry is more competitive than ever
TSMC is the dominant force in semiconductor manufacturing, with Samsung and Intel struggling to keep up.
For businesses, this means strategic planning is essential. Securing reliable chip supply, staying updated on technology trends, and diversifying production sources will be key to staying ahead in an increasingly semiconductor-driven world.
wrapping it up
With TSMC maintaining its dominance, Samsung striving to close the gap, and Intel attempting a comeback, the semiconductor industry remains highly competitive. However, market share alone does not determine the future leader.
The battle will be won by the company that leads in advanced process nodes, secures long-term customer relationships, and successfully navigates global supply chain challenges.
