Business/press release/2026-09-21

Global chip market forecast to surpass $1.6 trillion in 2024 despite AI slowdown

The global chip market is projected to exceed $1.6 trillion in the current year, according to reports from multiple outlets. This forecast suggests significant growth despite a perceived slowdown in the artificial intelligence sector. The projection highlights the overall strength expected in the semiconductor industry.

What every outlet reports

  • Global chip market projected to exceed $1.6 trillion
  • Projection for 2024
  • Despite an AI slowdown

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