Despite an ongoing chip shortage, revenue for the top chip design companies in the second quarter of this year reached $29.8 billion, a 60.8% year-over-year increase, according to new data from TrendForce.
Some chipmakers had remarkable growth in the second quarter including MediaTek and Novatek posting growths of 95% while AMD experienced nearly 100% year-over-year revenue growth, the highest among the top 10 companies.
Qualcomm was the revenue leader during the second quarter with processor and RF front-end business experiencing high growth while its internet of things business benefitted from distance learning demands generated by COVID-19. Qualcomm’s revenue reached $6.47 billion, a 70% increase.
Nvidia was second overall with revenues from gaming graphics cards and data center growing 91.1% and 46%, respectively. This resulted in revenues of $5.84 billion in revenue for the quarter.
Broadcom had revenues of $4.95 billion, a 19.2% year-over-year growth, while MediaTek posted revenues of $4.49 billion in the second quarter.
Fifth overall was AMD with $3.85 billion in revenue and Novatek was sixth on the strength of system-on-chips and display driver ICs. Marvell, with its acquisition of Inphi, leapfrogged Xilinx and Realtek in the rankings to jump to 7th place in the second quarter.
TrendForce indicates that the ranking of the top five companies for second quarter 2021 remained unchanged from the previous quarter, although there were major changes in the 6th to 10th spots. More specifically, after finalizing its acquisition of Inphi, Marvell experienced a major revenue growth and leapfrogged Xilinx and Realtek in the rankings from 9th place in the first quarter 2021 to 7th place in second quarter 2021. Rounding out the top 10 was Dialog Semiconductor.