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AI Chip Market Projected to Attain $91.18 Billion by 2025 with 45.2% CAGR

AI Chip Market Projected to Attain $91.18 Billion by 2025 with 45.2% CAGR
Artificial Intelligence (AI) is featuring more and more in our lives, and the numbers back this up. According to a new report from Allied Market Research, the global AI chip market was valued at $6.64bn last year, and is expected to reach $91.18bn by 2025 with a robust CAGR of 45.2%. Rising demand for smart homes and smart cities, a surge of investment into AI chip start-ups, and the advent of quantum computing, have all contributed to the latest growth surge. Despite this, progress is hampered by a lack of qualified workers. However, rapid adoption of AI chips in developing...

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