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001122334455554433221100

global artificial intelligence chip market projected to reach 174 billion by 2032

The global artificial intelligence (AI) chips market, valued at $7.7 billion in 2022, is projected to surge to $174.7 billion by 2032, growing at a CAGR of 36.6%. This growth is driven by the increasing adoption of AI across various sectors, including healthcare and automotive, and the rise of edge computing and IoT devices. Key players like Intel, NVIDIA, and IBM are leading the market, focusing on innovative chip designs and strategic partnerships to enhance their competitive edge.
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