Figures from IHS Markit indicate the semiconductor industry posted near record growth of 6.1 percent year-over-year in Q2 2017. Total chip sales amounted $101.4 billion, up from $95.6 billion in Q1 2017.
Part of the reason for the strong revenue is that NAND and DRAM is a seller's market. Shortages are driving up prices and this resulted in DRAM growing 14 percent last quarter, while flash memory sales grew 12.3 percent.
The single largest semiconductor supplier is Intel but Samsung Electronics is a close second thanks to the high DRAM and NAND pricing. Among the top 20 semiconductor firms, AMD and NVIDIA achieved the largest sequential sales growth. AMD's sales were up 24.7 percent and NVIDIA saw growth of 14.6 percent.