Global chip market projected to exceed $1.6 tril. this year despite AI slowdown concerns: report
The global semiconductor market is projected to exceed $1.6 trillion in 2026, more than 1.5 times the forecast made earlier this year, on increased investment in artificial intelligence (AI) infrastructure, a report showed Sunday. The outlook comes amid calls in some parts of the AI industry to slow development over concerns of losing control of the technology. In particular, memory chips…
The global semiconductor market is projected to surpass $1.6 trillion in 2026, a significant increase from earlier forecasts. This growth is driven by heightened investment in artificial intelligence (AI) infrastructure, according to a recent report. The report highlights concerns raised within the AI community about the potential risks of unchecked technology development.
However, these concerns do not appear to be impacting the market's projected expansion. Memory chips from Samsung Electronics and SK hynix are expected to make up more than half of the global semiconductor market due to the surge in data processed by AI systems. This projection marks a dramatic shift, as the global semiconductor market was previously expected to reach $1 trillion only by 2030.
The most recent data shows that prices for dynamic random access memory (DRAM) and NAND flash memory chips are at $25 and $30.5, respectively.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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