A SNEAK PEEK INSIDE THE REPORT
Details of the Global Market for AI Processors and Accelerators for Data Centers during Q4 2024, including:- The AI Processors and Accelerators for data centers market witnessed another quarter of sequential growth in Q4 2024, generating revenue of $32.6B. All product segments reported increases in revenue in Q3 2024 compared to the prior quarter.
- GPU led all product segments with $28.5B, increasing 24.8% Q/Q. Cloud giants are aggressively trying to meet the growing need for AI processing power, and companies are beginning to turn to custom AI accelerators to optimize AI workloads efficiently.
- The rise of custom silicon is transforming the AI chipset market as companies prioritize tailor-made accelerators over general-purpose GPUs for optimized performance and efficiency for next-generation workloads.
- As AI demand surges, companies are diversifying their supply chains and ramping up regional manufacturing investments, in order to enhance production capacity, mitigate geopolitical risks, and support the next wave of AI-driven innovation.
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The data in the above graphics is derived from the Futurum Intelligence Spotcheck report, Q4 2024 AI Processors and Accelerators for Data Centers SpotCheck Report