Gartner Forecasts Worldwide AI Chips Revenue To Grow 33% In 2024
Gartner News, Monday, May 27th, 2024
Value of AI Accelerators in Servers to Total $21 Billion in 2024
Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.
'Today, generative AI (GenAI) is fueling demand for high-performance AI chips in data centers. In 2024, the value of AI accelerators used in servers, which offload data processing from microprocessors, will total $21 billion, and increase to $33 billion by 2028,' said Alan Priestley, VP Analyst at Gartner.