AMD has surpassed Qualcomm to become the world's third‑largest fabless semiconductor company by revenue, according to TrendForce's Q2 2026 report. AMD's quarterly revenue exceeded $11.53 billion, driven by agentic AI demand lifting CPU value.

NVIDIA maintained its dominant lead with revenue near $91.16 billion**, up **99% year‑on‑year**, accounting for **64%** of the top‑10 fabless vendors' total revenue. **Broadcom** ranked second with **$18.89 billion, up 112% – the strongest growth among top players.

Qualcomm slipped to fourth with $8.5 billion** in revenue, pressured by weak smartphone demand. **MediaTek** followed at fifth with approximately **$4.81 billion.

ICgoodFind Takeaway:
AI compute is redrawing the fabless semiconductor leaderboard. AMD's rise reflects the growing value of AI‑capable CPUs, while consumer‑centric chipmakers face mounting growth pressure.