In another sign of how the AI boom has benefited Nvidia more than other semiconductor firms, the AI infrastructure giant became the first to surpass $100 billion in annual chip revenue, widening the gap between the vendor and others, according to Gartner.
Nvidia has become the first company to surpass $100 billion in annual semiconductor revenue as the gap widens between the AI infrastructure giant and other vendors.
Research firm Gartner said Monday that Nvidia made $125.7 billion from chip sales in the 2025 calendar year, allowing it to achieve the milestone and land in the No. 1 spot for second time in a row with 15.6 percent market share among semiconductor companies. Its semiconductor revenue grew 63.9 percent from 2024, accounting for 35 percent of industry growth.
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According to Gartner, global semiconductor revenue grew 21 percent year over year to $793 billion last year, with much of that growth driven by the ongoing AI boom.
In a statement, Rajeev Rajput, senior principal analyst at Gartner, said that AI semiconductors, including processors such as GPUs, high-bandwidth memory chips and networking components, “continued to drive unprecedented growth in the semiconductor market, accounting for nearly one-third of total sales in 2025.”
“This domination is set to rise as AI infrastructure spending is forecast to surpass $1.3 trillion in 2026,” he added.
The Gartner revenue figure for Nvidia differs from what the GPU vendor reports for annual sales, which covers chips as well as systems, software, services and other offerings for a 12-month period ending in late January every year.
“This is preliminary market share where we use reported revenue for the first three quarters of calendar year 2025, and estimate the last quarter based on company guidance or analyst’s inputs,” Rajput said in an email to CRN.
With Nvidia set to report fourth-quarter earnings on Feb. 25, the Santa Clara, Calif.-based company is projected to make $212.8 billion in revenue for its 2026 fiscal year based on its forecast that it will make $65 billion in the three-month period ending in late January.
How Other Semiconductor Firms Performed In 2025
On Gartner’s list of the largest semiconductor firms by 2025 revenue, Nvidia made $53 billion more than the second largest revenue generator, Samsung, which brought in $72.5 billion—driven by memory chip sales—giving the Korean company 9.1 percent market share. In 2024, Nvidia only had a $11 billion lead over Samsung, which previously held first place in 2023.
Behind Samsung was South Korea-based SK Hynix, which took the No. 3 spot from Intel last year with $60.4 billion and 7.6 percent share, thanks to strong demand for its high-bandwidth memory chips in AI servers.
Gartner noted that Santa Clara, Calif.-based Intel, which ranked fourth with $47.9 billion, finished last year with 6 percent share, half of what it was four years prior in 2021.
Among the top 10 companies, Intel was the only one to see annual semiconductor revenue decline—by 3.9 percent—while all others saw double-digit increases in sales.
Behind Intel was Boise, Idaho-based Micron at No. 5 with $41.5 billion and 5.2 percent share; San Jose, Calif.-based Qualcomm at No. 6 with $37 billion and 4.7 percent share; Palo Alto, Calif.-based Broadcom at No. 7 with $34.3 billion and 4.3 percent share; Santa Clara, Calif.-based AMD at No. 8 with $32.5 billion and 4.1 percent share; and Cupertino, Calif.-based Apple at No. 9 with $24.6 billion and 3.1 percent share.
In 10th place was Taiwanese chip designer MediaTek, which made $18.5 billion in semiconductor revenue, giving it 2.3 percent share.
The Gartner list does not count revenue for IP-related sales from companies like Arm or chip manufacturing services from the likes of TSMC, Samsung and Intel.
