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NasdaqGS:NVDASemiconductor

Latest News In AI Chips - AI Chip Boom Fuels Semiconductor Market Growth

The global semiconductor equipment manufacturing market is experiencing robust growth driven by increasing demand for advanced semiconductors, crucial for applications such as AI, IoT, 5G, and autonomous vehicles. Valued at approximately USD 103.34 billion in 2023, the market is projected to reach USD 218.60 billion by 2033, with a compound annual growth rate (CAGR) of 7.78% from 2024 to 2033. Key factors fueling this growth include technological advancements in semiconductor manufacturing,...