- This topic has 1 voice and 0 replies.
-
Posts
-
-
#News(General) [ via IoTForIndiaGroup ]
Wells Fargo Securities believes the market for artificial-intelligence chips will surge over the next five years.
The firm’s analyst Aaron Rakers cited Gartner projections, which said total AI chip sales will rise by 52% annually, from $4.27 billion in 2018 to $34.3 billion in 2023. The total estimates include chips from the Internet of Things, personal devices, and data-center markets.
“We are in the very early stages of beginning to consider the long-term importance that customized AI silicon will play in the overall semiconductor industry,” he wrote on Tuesday.
Rakers said AI workloads will become more specialized in the future, which will expand the market for custom chips. He noted Amazon.com (AMZN) and Alphabet ’s (GOOGL) Google are developing semiconductors internally, while 13 private chip companies focused on the AI market have raised more than $1.2 billion in venture-capital funding.Some of the start-ups he is optimistic about are Graphcore, Wave Computing, Cambricon, Cerebras, Mythic, and Syntiant. He noted their upcoming chips may have higher performance per unit of power versus traditional CPUs (central processing units) and GPUs (graphics processing units) made by Intel (INTC) and Nvidia (NVDA), respectively.
“While Intel’s expanding product breadth…and NVIDIA’s broadening common platform approach (1M+ CUDA developers) may be formidable competitive advantages, we question the negative implications of a significantly different competitive landscape over the next 3-5 years,” he wrote.
-
- You must be logged in to reply to this topic.
