Intel’s more than two decade reign as king of the silicon-based semiconductor ended Thursday when Samsung Electronics surpassed the US manufacturer to become the leading maker of the computer chips that are a 21st century staple much as oil was in the past. Samsung reported record-high profit and sales in its earnings report for the April-June quarter, and while Intel’s reported earnings beat forecasts, the US company’s entire revenue was smaller than sales from Samsung’s chip division. Samsung said its semiconductor business recorded $7.2 billion in operating income on revenue of $15.8 billion in the quarter. In contrast, Intel said … Continue reading Samsung Surpasses Intel to Become Top Chipmaker in Terms of Revenue