Taiwan Industrial Technology Research Institute Foresees Significant Growth in Consumer AI Products within Five Years Driven by AI Chip Demand

Reported about 1 year ago

The Industrial Technology Research Institute (ITRI) held a seminar on 'Trends and Opportunities of Semiconductors in the Era of Generative AI' on June 19, 2024, discussing the latest advancements in IC design, manufacturing, and packaging in the semiconductor industry. ITRI expects a 24.2% compound annual growth rate in the AI semiconductor market from 2023 to 2028, driven by the demand for generative AI in data centers expanding to device-side computing and communication applications. The institute also highlighted the impact of AI developments on personal devices like smartphones and computers, projecting significant growth potential for storage and consumer AI semiconductors within the next five years.

Source: YAHOO

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