American multinational company Nvidia is one of the top semiconductor companies in the world. American Broadcom is second after Nvidia, and Taiwan’s TSMC is third. Let’s see the names of the top 10 most valuable semiconductor companies in the world.
The list of companies published by Visual Capitalist is based on the market capitalization of the entire global semiconductor industry as of December 30, 2024.
Top 10 valuable semiconductor companies in the world
Rank | Company | Market cap | Country |
1 | Nvidia | $3.4 Trillion | United States 🇺🇸 |
2 | BROADCOM | $1.1 Trillion | United States 🇺🇸 |
3 | TSMC | $1.0 Trillion | Taiwan 🇹🇼 |
4 | ASML | $275 Billion | Netherland 🇳🇱 |
5 | Samsung | $240 Billion | South Korea 🇰🇷 |
6 | AMD | $199 Billion | United States 🇺🇸 |
7 | Qualcomm | $172 Billion | United States 🇺🇸 |
8 | Texas Instruments | $171 Billion | United States 🇺🇸 |
9 | Applied Materials | $133 Billion | United States 🇺🇸 |
10 | Arm Holdings | $132 Billion | United Kingdom 🇬🇧 |
According to Visual Capitalist, as of December 30, 2024, American companies account for 71.5% of the global market capitalization of the industry. Advanced chips are not manufactured in the United States. But America’s leadership is popular for its expertise in chip design, intellectual property (IP), and software tools.
After the United States, Taiwan’s TSMC is the world’s leading semiconductor contract manufacturer, meaning the company manufactures chips designed by other companies.
Taiwan-based TSMC has become a trillion-dollar company by the end of 2024 as it leads many companies in developing cutting-edge chips for AI, 5G, and EVs.
Broadcom $1 Trillion Achieve
Broadcom’s revenue jumped last year as its market cap passed the $1 trillion milestone. Broadcom hits $1 trillion market cap for the first time, behind Nvidia and TSMC.
According to Visual Capitalist, Broadcom ended 2024 after announcing its latest partnership with Apple to develop an AI chip, along with posting good earnings in December.