What just happened? Samsung has replaced Intel equally the world'southward largest semiconductor manufacturer, thanks to a 19% increase in quarterly sales on the back of potent demand and ascent prices in the DRAM and flash memory markets.

Like its long-running rivalry with Apple in the phone world—before Xiaomi boss—Samsung is constantly fighting with Intel for the number one position in the semiconductor manufacturing manufacture.

According to annotator firm IC Insights' August update to the 2022 McClean Report, Samsung moved from second place in Q1 2022 to number one in Q2. The company made $19.26 billion in integrated circuit (IC) sales and $1.03 billion from optoelectronic, sensor, and detached (OSD) sales, the Korea Herald reports, making a full of $xx.29 billion in overall sales.

Intel posted $19.3 billion in second-quarter sales, a QoQ increase of but 3%. The modify marks the first time Intel has been knocked off the superlative position since the third quarter of 2022.

IC Insights believes Samsung will stay on top throughout the electric current quarter every bit memory demand increases, beating Intel'south sales total by around $3.five billion.

Further downward the list, TSMC sits in third place, followed by SK Hynix in fourth and Micron in fifth. The latter 2 companies experienced 21% and 16% QoQ sales increases, respectively. Elsewhere, Nvidia saw its sales rising 14%, and MediaTek was up 17%. They were two of the four fabless companies in the top ten aslope Qualcomm and Broadcom.

Overall sales for the top ten reached $95.5 billion in the 2nd quarter, up 10% QoQ. IC Insights predicts that the semiconductor market will increment past 23% in 2022.

In related news, we recently heard that Samsung is raising chip fabrication prices to finance new foundries.