According to preliminary data from Gartner, worldwide semiconductor revenue totaled $533 billion in 2023.

That’s down 11.1 percent year over year, but it was even worse for memory segments.

There were a few sunny spots in an otherwise overcast year.

Still, it’s down 16.7 percent from the $58.44 billion the company earned in 2022.

The biggest winner in the top five was without a doubt Nvidia.

Image credit:Laura Ockel