Nvidia Leads List Of America’s Top 10 Semiconductor Companies – IBT Graphics


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Nvidia Leads List Of America’s Top 10 Semiconductor Companies – IBT Graphics

Global semiconductor sales reached $574 billion in 2022, with the U.S. semiconductor companies accounting for sales worth $275 billion (48% of the global market). IBT Graphics The economy today runs on semiconductors, considering the component is used in almost everything we use on a daily basis. After the Biden administration announced the CHIPS and Science Act in 2022 with the aim of strengthening America’s position in key aspects like clean energy to artificial intelligence, the semiconductor industry has witnessed a boom in the country.

Global semiconductor sales reached $574 billion in 2022, with the U.S. semiconductor companies accounting for sales worth $275 billion (48% of the global market). As many as 18 states are home to leading semiconductor manufacturing facilities in the country. The U.S. semiconductor industry employs more than 277,000 workers in high-paying jobs, including R&D, design and manufacturing jobs across 49 states.

California-based tech giant Nvidia became America’s largest semiconductor company after its market capitalization reached $1 trillion on May 30. Over the years, the company transformed from a gaming-focused graphics card producer to a world leader in AI and data center chips.

At $1.04 trillion, Nvidia leads the list of top 10 semiconductor companies in the U.S. by market capitalization as of June 23, followed by Broadcom (339.3 billion) and AMD (Advanced Micro Devices) (177.1 billion).

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Robert Wilson
Robert Wilson author

As the overseer of NicheBot's editorial content, I am committed to ensuring that all information published on our website is both accurate and relevant to our readers. My fervent support for the crypto industry has led me to closely monitor the developments within it since 2012, and I have contributed extensively to discussions and debates surrounding the world of Bitcoin.

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