Global Chip Market Projected to Reach Record US$697 Billion by 2025

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SEMICONDUCTORS,Artificial Intelligence,Chip Market

Driven by the surge in demand for semiconductors used in artificial intelligence-powered devices and data centers, the global chip market is expected to grow 11.2 percent to a record US$697.18 billion (RM3.13 trillion) in 2025.

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Find fresh seafood prepared simply, including steamed fish with salt and nothing else at Restoran Ikan Air Tawar Chai Chee in IpohThe global chip market is projected to grow 11.2 per cent to a record US$697.18 billion in 2025, boosted by robust demand for semiconductors for use in artificial intelligence-powered smartphones and data centers, according to an industry organisation forecast. — Reuters picTOKYO, Jan 5 — The global chip market is projected to grow 11.2 per cent to a record US$697.

The increasing use of AI technology across countries and industries has sparked a demand surge for chips, as tech companies globally rush to secure enough supply for data centers that support the development of generative AI and devices utilising the AI technology. The markets for other types of semiconductors such as analog chips are also expected to expand, as long as the global economy grows at least moderately, according to the report.

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