AMD on fast track for big revenue growth while Intel risks falling behind

AMD Ryzen 9 3900X
AMD Ryzen 9 3900X (Image credit: Windows Central)

What you need to know

  • IC Insights forecasts that the semiconductor market will increase 23% this year.
  • AMD is forecast to have a revenue increase of 65%, which is the highest forecast of any company in the industry.
  • Intel is expected to have a negative revenue increase of –1%.

It's worth noting that the 34% sales increase in 2010 followed the global recession of 2008 and 2009. The forecasted 23% growth in the industry comes after the worst of the global chip shortage affected CPU and GPU sales in 2020.

Source: IC Insights (Image credit: Source: IC Insights)

AMD leads the pack with forecasted revenue growth of 65%. MediaTek (60%), NVIDIA (54%), Qualcomm (51%), and SMIC (39%) round out the top five.

While several tech giants and the semiconductor industry as a whole are expected to increase in terms of revenue growth, IC Insights predicts Intel's revenue growth to be –1%. It's worth noting that negative revenue growth does not indicate poor gross revenue. Negative revenue growth means that a company made less revenue than the preceding year. Intel's projected revenue for 2021 is $77 billion, which is several times larger than AMD's projected revenue of $15 billion.

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Sean Endicott
News Writer and apps editor

Sean Endicott is a tech journalist at Windows Central, specializing in Windows, Microsoft software, AI, and PCs. He's covered major launches, from Windows 10 and 11 to the rise of AI tools like ChatGPT. Sean's journey began with the Lumia 930, leading to strong ties with app developers. Outside writing, he coaches American football, utilizing Microsoft services to manage his team. He studied broadcast journalism at Nottingham Trent University and is active on X @SeanEndicott_ and Threads @sean_endicott_.