From GlobeNewswire: 2025-05-26 02:00:00

The AI Accelerator Chips Market is booming, with a projected value of USD 362.75 billion by 2032, driven by the adoption of AI in various industries. Semiconductor lithography advancements are fueling market growth, enabling the production of more advanced chips. The US market is set to expand at a CAGR of 34.11%, reaching USD 89.63 billion by 2032.

In 2024, GPUs led the market with a 35% revenue share, while the ASIC segment is expected to experience rapid growth. The cloud segment dominated in 2024, contributing 75% of revenue, while the edge segment is rapidly expanding. Consumer electronics and automotive are key industry segments driving market growth.

North America dominated the market in 2024, followed by Asia Pacific, which is poised for rapid growth. Europe is experiencing moderate growth, while Latin America and the Middle East & Africa show slower growth. Recent developments include Intel’s Arc Pro GPUs and Google’s Ironwood TPU, both tailored for AI applications.

Overall, the AI Accelerator Chips Market is on a steady growth trajectory, driven by technological advancements and increasing demand across various industries. The market is witnessing key developments from major players like Intel and Google, indicating a promising future for AI accelerator chips in the global market.



Read more at GlobeNewswire: AI Accelerator Chips Market Size to Hit USD 362.75 Billion