The ASIC Market is Growing

[Image][Image]The ASIC market is growing. This has long been a consensus within the industry. However, what is surprising is the speed at which ASICs are growing. Morgan Stanley predicts that the AI ASIC market size will increase from $12 billion in 2024 to $30 billion in 2027, with a compound annual growth rate of 34%. It is important to note that from 2023 to 2029, high-performance computing…

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