The 18 largest semiconductor companies in the United States

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This article lists the 18 largest semiconductor companies in the United States; let's take a look at which companies have made the list.

Governments around the world are actively involved in the semiconductor industry and have adopted concrete policy measures to nurture domestic enterprises. According to a report by the Semiconductor Industry Association (SIA), the CHIPS and Science Act, enacted in August 2022, marks a pivotal moment in the revitalization of the U.S. semiconductor industry. The U.S. Department of Commerce began to vigorously implement it in 2023.

It is noteworthy that the CHIPS Program Office (CPO) issued its first Notice of Funding Opportunity (NOFO) in March 2023, providing incentives for semiconductor companies to establish or expand manufacturing facilities. The CPO launched a second round of funding opportunities in June 2023, financing projects involving semiconductor manufacturing with over $300 million.

As of May 2023, the U.S. Department of Commerce reported receiving more than 400 Statements of Interest (SOI) for the CHIPS program. The large number of SOIs demonstrates widespread interest across the entire supply chain in the initiative. Since the implementation of the CHIPS Act, 20 states have announced numerous projects with investments exceeding $200 billion. These measures will create tens of thousands of high-quality jobs in the U.S. semiconductor industry and hundreds of thousands of jobs across the entire economic sector. As the application process progresses, the number of announced projects is expected to increase, thereby supporting the national semiconductor ecosystem.

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The United States holds a significant share of the global semiconductor market. In 2022, the U.S. semiconductor industry accounted for 48% of the global market share. Since the late 1990s, the U.S. semiconductor industry has been growing continuously each year. It is at the forefront in research and development, design, and manufacturing technology. This market-leading position enables substantial investment in research, fostering an innovation cycle to maintain its leading edge. From 2000 to 2020, R&D expenditure in the U.S. semiconductor industry showed steady growth. In 2022, the total R&D investment reached $58.8 billion, with a compound annual growth rate of approximately 6.7%.

There are numerous semiconductor companies in the United States. Government initiatives have also created a favorable environment for the development of this industry. We have listed the largest semiconductor companies in the United States; now let's take a look at them.18. Qorvo

Qorvo is a multinational corporation from the United States. The company was established in 2015. Qorvo holds a significant position in the semiconductor industry, designing and manufacturing a variety of semiconductor products, including silicon carbide (SiC) components. As of March 26, the company's market capitalization was $10.98 billion.

17. Skyworks Solutions

Skyworks Solutions offers a range of products suitable for wireless communication technology in the semiconductor industry. Their product portfolio includes wireless communication components, low-noise and power amplifiers, as well as connection switches. As of March 26, Skyworks Solutions' market capitalization was $16.84 billion.

16. GLOBALFOUNDRIES

GLOBALFOUNDRIES is a semiconductor manufacturing company that provides a suite of wafer fabrication services. The company offers a variety of semiconductor products for mobile and communication network applications. As of March 26, GLOBALFOUNDRIES' market capitalization was $28.3 billion.

15. ON Semiconductor

ON Semiconductor was founded in 1999. ON Semiconductor provides a wide range of semiconductor products, including amplifiers and comparators. As of March 26, the company's market capitalization was $31.19 billion.

14. Monolithic Power Systems

Monolithic Power Systems is one of the largest semiconductor companies in the United States. Monolithic Power Systems specializes in providing small, energy-efficient, and user-friendly power management solutions for electronic systems. Their semiconductor products include configurable, buck, boost, USB, and POE modules. As of March 26, the company's market capitalization was $32.67 billion.13. STMicroelectronics

STMicroelectronics offers a broad range of semiconductor products for various applications. Their product portfolio includes solutions for engine control, body and convenience systems. As of March 26, STMicroelectronics' market capitalization was $39.26 billion.

12. Microchip

Microchip Technology Incorporated manufactures and designs a variety of semiconductor products. Product categories include microcontrollers and processors. As of March 26, Microchip Technology Incorporated's market capitalization was $47.11 billion.

11. Marvell Technology

Marvell Technology is a leading company specializing in the development and production of semiconductors and related technologies. Founded in 1995, it is one of the largest semiconductor companies in the United States. Marvell Technology is known for its innovative products such as the 3D silicon photonic engine and Nova 2 optical DSP. As of March 26, the company's market capitalization was $58.8 billion.

10. NXP

NXP Semiconductors NV has a broad range of semiconductor products and solutions applicable to various industries and applications. The company was founded in 2006. NXP Semiconductors NV is known for its innovations in near-field communication (NFC) technology and e-government applications. As of March 26, the company's market capitalization was $61.75 billion.

9. Analog Devices

Analog Devices is a semiconductor company specializing in data conversion, signal processing, and power management technologies. As of March 26, Analog Devices' market capitalization was $94.57 billion. The company has a rich history of technological advancements, including the pioneering introduction of laser-trimmed wafers.8. Micron

Micron Technology is an American semiconductor company specializing in computer memory and data storage solutions. Founded in 1978, it is one of the largest semiconductor companies in the United States. The market value of Micron Technology is $132.55 billion.

7. Arm

Arm is a well-known company in the semiconductor industry. It is renowned for its high-performance, low-cost, and energy-efficient CPU and GPU IP solutions. As of March 26th, Arm's market value stands at $147.75 billion.

6. Texas Instruments

Texas Instruments, headquartered in Dallas, Texas, is known for designing, manufacturing, testing, and selling analog and embedded processing chips. It is one of the largest semiconductor companies in the United States. As of March 26th, the market value of Texas Instruments is $154.68 billion.

5. Intel

Intel Corporation is a leading semiconductor company, offering a wide range of products and solutions suitable for various industries and applications. Intel is one of the most famous companies in the semiconductor industry. As of March 26th, the company's market value is $177.74 billion.

4. Qualcomm

Qualcomm is one of the largest semiconductor companies in the United States. It provides a broad range of products and solutions related to wireless technology. Some key products and platforms include CDMA/WCDMA chipsets and Snapdragon processors. As of March 26th, the market value of Qualcomm is $188.23 billion.3. AMD

Advanced Micro Devices, headquartered in Santa Clara, California, develops computer processors, motherboard chipsets, embedded processors, and graphics processing units. As of March 26, the market capitalization of Advanced Micro Devices was $287.7 billion.

2. Broadcom

Broadcom is one of the largest semiconductor companies in the United States. It is a renowned semiconductor company that manufactures and sells a variety of products, including the most advanced system-on-a-chip solutions for wired and wireless communications, supporting voice, video, data, and multimedia connections. As of March 26, the market capitalization of Broadcom was $626.23 billion.

1. NVIDIA

NVIDIA is the largest semiconductor company in the United States by market capitalization. The company produces and designs a range of semiconductor products, including Graphics Processing Units (GPUs), Central Processing Units (CPUs), and system-on-a-chip units. As of March 26, the market capitalization of NVIDIA was $2.36 trillion.

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