The global artificial intelligence (AI) chips market is projected to grow by USD 389.25 billion from 2024-2028, with a compound annual growth rate (CAGR) of over 68.13%, according to Technavio. This rapid expansion is fueled by the increasing adoption of AI chips in data centers and the convergence of AI with the Internet of Things (IoT).
AI Chips Market to Surge by USD 389.25 Billion by 2028, Driven by IoT and Data Centers – DeFinace Daily – 7.10.24
Published July 10, 2024