AI revolution drives demand for specialized chips, reshaping global markets
News Source : Computerworld
News Summary
- Artificial Intelligence (AI) has rapidly transformed the chip industry since its mainstream arrival over the past two years
- That prompted companies such as Nvidia, AMD, and Intel to expand their portfolios to include AI-optimized products
- In particular, the AI revolution propelled has propelled growth at Nvidia, making it as a dominant force in the data center marketplace
Though global semiconductor chip sales declined in 2023 by about 11%, dropping from the previous years record of $574.1 billion to around $534 billion, that downturn did not last. Sales are expected [+1006 chars]
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