IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

Gartner points to Intel chip growth

Leading analyst firm estimates over 12 per cent growth for the leading PC processor manufacturer despite increased competition.

Intel is set to increase its share of the semiconductor chip market this year to 12.2 per cent, according to research firm Gartner.

The market for processors and other computer chips is expected to grow by 2.9 per cent from last year to $270.3 billion (133.22 billion), Gartner added.

Intel's revenue grew more than twice as fast as the market average, boosted by strong gains in laptop chip sales. Last year Intel's global market share was 11.6 per cent.

Among top vendors, Toshiba's revenue was expected to surge 28 per cent (based on US dollar value), surpassing Texas Instruments, STMicroelectronics and Infineon. Of those three, only STM was able to slightly raise its revenue, Gartner said.

"Semiconductor vendors need to watch the performance of their end customers even closer as a major part of the industry becomes increasingly tied to consumer spending patterns," Andrew Norwood, research vice president at Gartner, said in statement.

Featured Resources

Four strategies for building a hybrid workplace that works

All indications are that the future of work is hybrid, if it's not here already

Free webinar

The digital marketer’s guide to contextual insights and trends

How to use contextual intelligence to uncover new insights and inform strategies

Free Download

Ransomware and Microsoft 365 for business

What you need to know about reducing ransomware risk

Free Download

Building a modern strategy for analytics and machine learning success

Turning into business value

Free Download

Most Popular

Windows Server admins say latest Patch Tuesday broke authentication policies
Server & storage

Windows Server admins say latest Patch Tuesday broke authentication policies

12 May 2022
Costa Rica declares state of emergency following Conti ransomware attack
ransomware

Costa Rica declares state of emergency following Conti ransomware attack

10 May 2022
16 ways to speed up your laptop
Laptops

16 ways to speed up your laptop

13 May 2022