Intel

This IT company is an undisputed leader among manufacturers of tech devices. Intel Corporation is a top developer of computer and integrated circuits, as well as network interface controllers. The company's first innovative products were memory chips, including the world's first metal oxide semiconductor. Intel is currently building processors for most computer and global tech companies. Its market cap is $256.1 billion with an annual revenue of $75.7 billion and a net profit of $22.7 billion.

Taiwan Semiconductor Manufacturing

Another largest manufacturer of semiconductors is the Taiwanese firm - Taiwan Semiconductor Manufacturing, Co. The shares of the world's largest semiconductor foundry are sure to bring high yields. Curiously enough, many semiconductor companies entrust the production of their components to Taiwan Semiconductor Manufacturing. Its market capitalization amounts to $293.5 billion with an annual revenue of $37.9 billion and a net profit of $13.1 billion.

Qualcomm

Qualcomm, a global semiconductor and telecommunications company, takes third place. It develops and sells wireless communication products and services. The majority of telecommunications companies in the world use CDMA technology developed by Qualcomm. This innovation has changed the face of wireless communication. CDMA permits different signals to occupy a single transmission channel. Another important product of the IT giant is Snapdragon chips, which are used in many mobile devices. The company's market capitalization is $101.2 billion. Annual revenue totals $24.7 billion and net profit is estimated at $4 billion.

Broadcom (AVGO)

Broadcom is the largest among global semiconductor manufacturers. It produces digital and analog semiconductors, routers, switches, processors, and fiber optics. Broadcom also develops and maintains interfaces for connecting computers via Bluetooth. Its market capitalization is $126.1 billion with an annual revenue of $22.9 billion and a net profit of $2.5 billion.

Micron Technology

Micron Technology is also a leader in the tech market. It produces and sells semiconductors. The IT manufacturer's products are used in computers, consumer electronics, automobiles, communications, and servers. The corporation also develops solutions for storing rewritable disks and flash memory cards. The market capitalization of Micron Technology is $56.7 billion. The company's annual revenue is $19.6 billion. Its net profit amounts to $2.3 billion.

Texas Instruments

Texas Instruments is a top IT developer engaged in the production of semiconductors for global electronics manufacturers. The company creates microchips for mobile devices, digital signal processors, and analog semiconductors. Texas Instruments began as a small oil and gas company in 1930 and worked in defense systems electronics in the 1940s. Since 1958, it has been manufacturing semiconductors and owns tens of thousands of patents. Its market capitalization is $115.8 billion with an annual revenue of $14.1 billion and a net profit of $5 billion.

NVIDIA (NVDA)

This IT giant has gained popularity thanks to a great variety of high-quality video cards that are used in computers of various modifications. These GPUs are in high demand among computer gamers, digital artists, and those engaged in computer design. NVIDIA's market capitalization reaches $227.2 billion with an annual revenue of $11.8 billion and a net profit of $3.3 billion.

NXP Semiconductors NV

Dutch NXP Semiconductors NV closes the top 8 largest semiconductor companies. It supplies semiconductors and related technologies to companies engaged in the production of mobile devices and security solutions. NXP products are also used in large-scale apps such as wireless infrastructure, identification, and computing technologies. The company's market capitalization is $32.6 billion. Its annual revenue comes in at $8.8 billion and net profit totals $0.2 billion.