Top 10 US Chip Design Companies

Broadcom generated $35.8B revenue in FY2023 from networking ASICs, storage controllers, and wireless chips. Its $69B VMware acquisition adds enterprise software, while custom AI accelerators for Google and Meta now form a $4B+ business — 11% of its 2023 revenue, a share 30% higher than the runner-up in custom chip revenue.

AMD's MI300X AI GPU directly challenges NVIDIA's H100, offering competitive performance at a lower price point. The company reported $22.7 billion in revenue for 2023, driven by EPYC server CPUs that have taken substantial x86 server share from Intel. AMD guided its 2024 data center GPU revenue to $3.5 billion or more, underscoring how quickly that business was scaling.

Texas Instruments dominates the analog chip market with $17.5 billion revenue in 2023, serving over 100,000 customers across industrial, automotive, and consumer sectors. The company invests heavily in manufacturing, with tens of billions committed to U.S. fabs through 2030, ensuring a resilient supply chain. Its 14 manufacturing sites produce over 80,000 different products, including analog and embedded processors. Unlike Marvell's focus on custom silicon, TI's broad portfolio provides stable, diversified revenue. The company's consistent reinvestment in capacity strengthens its long-term position.

Marvell is a fabless designer of data-infrastructure silicon — custom ASICs built for individual hyperscalers, optical DSPs, Ethernet switching and storage controllers. Its 2021 acquisition of Inphi for about $10 billion brought the electro-optics line that now underpins its 800G interconnect products for AI data centres.

Microchip Technology reported $8.4 billion in revenue in fiscal 2023, built on 8-, 16- and 32-bit microcontrollers, analog parts and FPGAs sold into industrial, automotive, defense and aerospace customers. Its 2018 purchase of Microsemi for about $8.35 billion added radiation-hardened and defense-grade components, and the company is known for keeping decades-old parts in production rather than retiring them.

Monolithic Power Systems designs power-management chips — DC-DC converters and voltage regulators — and integrates the power transistors onto the same die, which lets it ship smaller modules than designs assembled from discrete components. Founded in 1997 and based in Kirkland, Washington, it sells into AI servers, vehicles and consumer electronics.

Lattice Semiconductor is the small-FPGA specialist: rather than chase AMD and Intel at the top of the programmable-logic market, it sells low-power devices for edge, industrial and communications hardware. Its Nexus platform covers the low end, and the Avant family, launched in 2023, took the company into mid-range FPGAs for the first time.