Key Insights on Gross Profit: NVIDIA Corporation vs Microchip Technology Incorporated

NVIDIA vs. Microchip: A Decade of Gross Profit Growth

__timestampMicrochip Technology IncorporatedNVIDIA Corporation
Wednesday, January 1, 201411287430002267763000
Thursday, January 1, 201512295640002599477000
Friday, January 1, 201612054640002811000000
Sunday, January 1, 201717571960004063000000
Monday, January 1, 201824207000005822000000
Tuesday, January 1, 201929313000007171000000
Wednesday, January 1, 202032421000006768000000
Friday, January 1, 2021337880000010396000000
Saturday, January 1, 2022444960000017475000000
Sunday, January 1, 2023569790000015356000000
Monday, January 1, 2024499570000044301000000
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Unveiling the hidden dimensions of data

A Decade of Gross Profit Growth: NVIDIA vs. Microchip Technology

In the ever-evolving landscape of semiconductor giants, NVIDIA Corporation and Microchip Technology Incorporated have showcased remarkable growth in gross profit over the past decade. From 2014 to 2024, NVIDIA's gross profit surged by an impressive 1,853%, peaking at $44.3 billion in 2024. This growth trajectory underscores NVIDIA's dominance in the graphics processing unit (GPU) market, driven by advancements in AI and gaming technologies.

Conversely, Microchip Technology, a leader in microcontroller and analog semiconductors, experienced a steady 343% increase in gross profit, reaching $5.7 billion in 2023. Despite a slight dip in 2024, Microchip's consistent growth highlights its resilience and adaptability in a competitive market.

This comparative analysis not only reflects the dynamic nature of the semiconductor industry but also emphasizes the strategic innovations propelling these companies forward.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025