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Top 10 (from 27)
Broadcom will have a chance to contend
for the No. 1 spot in the revenue ranking.
NVIDIA data center chip sales up
NVIDIA managed to raise sales for chips
deployed in data centers and automotive
electronics during 3Q22. However, these
gains were not enough to compensate
for the freeze in the demand for graphics
cards equipped in cryptocurrency mining
machines.
NVIDIA saw a QoQ drop of 32.6% in the
revenue from solutions for gaming and a
QoQ drop of 44.5% in the revenue from
solutions for professional visualization.
Taken altogether, NVIDIA posted a QoQ
decline of 14.0% to $6.09 billion.
For 3Q22, AMD saw a QoQ increase of
8.3% in the revenue from businesses
related to data centers. AMD also saw for
the first time that the revenue related to
data center solutions exceeded the rev-
enue related client solutions (i.e., CPUs
for desktops and laptops as well as other
SoCs).
Weakening demand
Nevertheless, weakening demand for con-
sumer electronics had a substantial impact
on the revenue from client solutions, and
this dragged down AMD’s overall per-
formance. AMD posted a QoQ decline of
15.0% to $5.57 billion.
Marvell was able to raise its 3Q22 revenue
by 2.5% QoQ to $1.53 billion because de-
mand is relatively steady for its network-
ing solutions (e.g., chips for data centers,
enterprise network infrastructure, and
automotive electronics).
Turning to Cirrus Logic, it returned to the
top 10 group in 3Q22 thanks to its lead in
JANUARY 2023
the market for low-power and high-preci-
sion mixed-signal processing solutions.
Android sales weak
Even though sales of Android smartphones
were weak during that quarter, there was
also an increase in the market penetration
of certain audio chips for high-end Android
smartphones.
Moreover, Cirrus Logic benefited from an
influx of Apple’s orders related to the new
iPhone 14 series. Hence, its revenue rose
by 37.3% QoQ to $541 million in spite of
the challenging market environment.
Asian Design Houses in Top 10 Group All
Posted QoQ Drop in Revenue as They Were
More Affected by Demand Slump in Con-
sumer Electronics Market
MediaTek posts drop
Among Taiwan-based IC design houses in
the top 10 group for 3Q22, MediaTek post-
ed a QoQ drop of 11.6% to $4.68 billion.
Due to Chinese smartphone brands’ weak
sales performances and clients undergoing
inventory corrections, MediaTek saw a QoQ
decline in the revenues from mobile solu-
tions, smart edge platforms, and power
ICs. Inventory reduction will remain Medi-
aTek’s top priority going forward.
Turning to Realtek, sales of its solutions
for networking and automotive applica-
tions remained stable in 3Q22. However,
chips for PCs account for about 32% of its
product mix, so the considerable shrinking
of the demand for consumer electronics
during the same period affected its overall
performance.
Realtek’s 3Q22 revenue came to US$979
million, showing a QoQ decline of 5.5%.
Novatek’s SoCs and display driver ICs —
its two major product categories —
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