The AI boom boosts semiconductor chip market. Exponential growth expected with revenue surpassing $100 Billion by 2027.

The surge in practical AI applications drives demand for semiconductors, integral in modern electronic devices, especially AI platforms.

In 2023, AI-related semiconductor revenue could reach $53.4 billion, projected to rise to $67.1 billion in 2024. By 2027, the industry may generate approximately $119.4 billion.

This growth is fueled by businesses integrating AI for unparalleled potential, creating a demand for specialized chips.

Taiwan, currently a major player in semiconductor production, holds 20% of the global supply. However, global dynamics shift due to the pandemic.

The US and China’s competition for semiconductor dominance raises concerns about geopolitical implications, economic leverage, and technological control.

As the race unfolds, China aims to counter Taiwan’s position, while the US seeks to maintain its edge in AI-powered technology.