Total global chip foundry revenue in 2024 was $131.7 billion
Chip foundries are responsible for producing a critical part of every piece of technology in the world.
Taiwan Semiconductor Manufacturing Company (TSM) is perhaps the most well-known chip manufacturer, known for fabricating advanced chips designed by Nvidia $NVDA (NVDA) and Apple $AAPL (AAPL). The Taiwan-based chipmaker has a 92% share in advanced AI chip production, according to data from Boston Consulting Group, cited by JPMorgan $JPM (JPM).
Total global chip foundry revenue was $131.7 billion in 2024, according to TrendForce data cited by the firm. Seven chip foundries, including U.S.-based Tower (TSEM) and Taiwan’s Powerchip Semiconductor Manufacturing Corporation, each have a 1% share of total global revenue, according to the data, while 3% of the total is shared by “Others.”
Taiwanese chipmakers command a 70% share of the total revenue, while Korean companies made up 11%, and Chinese chip foundries had 8%.
Here are the top six chip producers in the world by revenue share.
Chinese pure-play foundry Hua Hong Semiconductor had a 2% share of total chip foundry revenue in 2024.
China’s partially state-owned, pure-play chip foundry, Semiconductor Manufacturing International Corporation, also known as SMIC, had a 5% share of total chip foundry revenue in 2024.
U.S.-based chip designer and manufacturer GlobalFoundries (GFS) had a 6% share of total chip foundry revenue in 2024.
Taiwan’s first chip company, United Microelectronics Corporation (UMC), had a 6% share of total chip foundry revenue in 2024.
Samsung, one of the world’s main producers of high-bandwidth memory chips, had a 10% share of total chip foundry revenue in 2024.
Taiwan Semiconductor Manufacturing Company had a 62% share of total chip foundry revenue in 2024.
