In 2024, Intel's revenue amounted to approximately **** billion U.S. dollars, down from the **** billion U.S. dollars that the company recorded in the previous year. Intel is a semiconductor market leader Intel Corporation is a multinational company whose main business is in the manufacturing of semiconductor chips. Headquartered in Santa Clara, California, the company was founded in 1968 by the scientists Robert Noyce and Gordon Moore. It is one of the world’s largest and most valuable semiconductor chip makers. Samsung, Nvidia, and AMD are among Intel’s competitors in the semiconductor industry. Intel’s foundry business Intel has also announced an IDM 2.0 strategy, a plan that includes significant manufacturing expansions. Specifically, Intel is to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally. At the same time, Intel’s expansion plans also involve the use of external foundries for some of its products. To support this, the company established a new standalone business unit, Intel Foundry.

In 2024, Intel recorded a net loss of ***** billion U.S. dollars, a sizable fall from the **** billion U.S. dollar net profit that the company recorded in the previous year.

In 2024, AMD's revenue amounted to ***** billion U.S. dollars, an increase from the ***** billion U.S. dollars recorded in 2023. In addition to its CPU offering, AMD competes with the likes of Nvidia and Intel in the provision of GPUs, the favored chips to support AI applications.

In 2021, about 1.15 trillion semiconductor units were shipped all over the world - another year where shipments exceeded one trillion.

Semiconductors are a crucial element of modern electronic devices. In 2021, the global semiconductor industry registered a year-on-year revenue growth rate of26.2 percent, substantial growth following the sharp decline in 2019. Growth is expected again in 2022, with forecasts suggesting a figure of around 10.4 percent.

Samsung, the world’s largest semiconductor chip maker as of 2021, had 12.3 percent of the total semiconductor market share. The company's bihggest competitor in the market is Intel who occupied 12.2 percent of the market in 2021. Intel’s main business lies in the design and manufacturing of semiconductor chips, accounting for a significant portion of Intel's net revenue.