Explosive Growth in the Artificial Intelligence Chipsets Market: A Deep Dive into Key Trends and Opportunities
The AI (chipsets) market is expected to be valued at USD 18.6 billion in 2023 and is projected to reach USD 64.5 billion by 2028 ; it is expected to grow at a compound annual growth rate (CAGR) of 28.1% from 2023 to 2028. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are market players’ major growth strategies. These strategies have enabled them to efficiently fulfill the growing demand for AI (chipsets) from different end-user industries and expand their global footprint by offering products in all the major regions. Key players operating in the AI (chipsets) market are Intel Corporation (US), Nvidia Corporation (US), Qualcomm Technologies Inc. (US), Micron Technology, Inc. (US), Advanced Micro Devices, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Apple Inc. (US), IBM (US), Alphabet, Inc. (US), Huawei Technologies (China), Graphcore (UK), MediaTek, Inc. (Taiwan), Mythic (US), Kalray (France), ARM (UK), Bliaze (US), LG E