AI Chips Update - AI Semiconductor Market Poised for Major Growth by 2035

NVIDIA Corporation

NVIDIA Corporation

NVDA

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The AI in semiconductor market is projected to experience significant growth, reaching a value of $255.90 billion by 2035. This expansion is largely driven by the rapid development of hyperscale AI data center infrastructures, the adoption of advanced AI-specific silicon, and the increasing deployment of edge computing solutions worldwide. The increased need for processors that can handle complex AI workloads, coupled with advances in chip architecture, memory, and packaging technologies, are enhancing the performance and efficiency of AI semiconductors. The market is expected to see substantial contributions from regions like Asia Pacific, where semiconductor production and AI chip development are robust.

Elsewhere in the market, Jentech Precision Industrial (TWSE:3653) was a standout up 10% and finishing the session at NT$5,725.00, close to the 52-week high. In the meantime, MPI (TPEX:6223) trailed, down 10% to end the day at NT$5,040.00.

Best AI Chip Stocks

  • Micron Technology (NasdaqGS:MU) ended the day at $932.97 up 2.5%. On Monday, Micron opened a 60,000-square-foot training center in Boise to bolster its skilled workforce and semiconductor manufacturing capabilities.
  • NVIDIA (NasdaqGS:NVDA) closed at $213.05 up 2.2%. NVIDIA announced the Jetson Orin Nano 2 and multiple strategic collaborations to enhance AI applications, just yesterday.
  • Broadcom (NasdaqGS:AVGO) finished trading at $356.74 down 0.6%.

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  • Unlock our comprehensive list of 119 AI Chip Stocks like Credo Technology Group Holding, Arm Holdings and Lasertec by clicking here.
  • Ready To Venture Into Other Investment Styles? Trump has pledged to "unleash" American oil and gas and these 23 US stocks have developments that are poised to benefit.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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