Samsung, SK hynix, and TSMC set to overtake Intel in revenue in Q3
Once the leader in the semiconductor world in terms of technology and revenue, Intel expects its third-quarter revenue to be between $12.5 billion and $13.5 billion, primarily due to the low performance of its data center and AI (DCAI) unit. This will now be below the earnings of TSMC and Nvidia and the earnings of memory makers Samsung and SK hynix, as noticed by the Chosun Daily.
Nvidia projects its sales in the third quarter of its fiscal 2025 (August – October 2024) to be around $32.5 billion ±2%, so it will likely be the leader of the semiconductor industry in terms of sales. Technically, the company's earnings in calendar Q3 2024 could be slightly lower, but not significantly. TSMC expects its Q3 2025 revenue to be between $22.4 billion and $23.2 billion.
Samsung and SK hynix typically do not provide revenue guidance for upcoming quarters, so the Chosun Daily cited Omdia's expectations for their earnings. Analysts believe that Samsung's semiconductor sales in Q3 will achieve around $21.712 billion, whereas SK hynix's revenue is projected to total $12.834 billion.
