1. The Q1 semiconductor market saw a 2% decline to $151.5 billion according to Omdia. 2. Consumer, industrial, and auto sectors experienced significant drops, while data processing rose due to demand for NVIDIA's chips and AI-related products. 3. NVIDIA increased its market share to 14.5%, surpassing Samsung and Intel, who together hold 18.6%.

1. SMIC overtook GlobalFoundries and UMC to become the No.3 foundry in Q1 2024. 2. The top 10 foundries saw a QoQ revenue drop of 4.3% to $29.2 billion. 3. TSMC maintained its market share at 61.7% despite a QoQ revenue drop of 4.1%.