DataM Intelligence forecasts the AI chip market expanding from US$25.12 billion in 2022 to US$335.02 billion by 2031 (CAGR 38.41%), powered by GPUs, ASICs and FPGAs used in cloud, edge and embedded AI applications.
Key points
- Report forecasts AI chip market growth from US$25.12 billion (2022) to US$335.02 billion (2031) at 38.41% CAGR.
- Segments include GPU, ASIC, FPGA, CPU types; cloud vs. edge processing; and packaging tech like SoC, SiP, MCM.
- Leading players: Intel, AMD, NVIDIA, Google, Samsung, Qualcomm and challengers such as Tenstorrent.
Why it matters: A nearly 13-fold market expansion underscores AI hardware’s pivotal role in powering next-generation intelligent services, smart devices and high-performance research applications.
Q&A
- What is an AI chip?
- Why is the market CAGR so high?
- How do U.S. tariffs affect the AI chip market?