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Broadcom, Qualcomm, and Nvidia led Q2 IC design market

Published 08/17/2017, 08:42 AM
© Reuters.  Broadcom, Qualcomm, and Nvidia led Q2 IC design market
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  • Nvidia (NASDAQ:NVDA) has become the third-largest global IC design company after surpassing MediaTek in Q2, according to Topology Research Institute.
  • Broadcom (NASDAQ:AVGO) topped the fabless IC market with revenues up 17.3% from the prior year’s quarter to $4.37B. Qualcomm (NASDAQ:QCOM) came in second with sales up 13.1% to $4B.
  • Nvidia sales grew 57% to $1.91B thanks in part to data center demand and had the largest revenue increase among the IC vendors.
  • MediaTek and Marvell (NASDAQ:MRVL) were the only companies in the top 10 that had Q2 revenue drops on the year. MediaTek sales dropped nearly 20% to $1.87B and Marvell sales were down 0.8% to $593M.
  • Previously: Goldman Sachs (NYSE:GS) recommends growth stocks Nvidia, Autodesk (NASDAQ:ADSK) (Aug. 14)
  • Now read: Apple (NASDAQ:AAPL)'s Value To Qualcomm


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