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Artificial Intelligence Chipset Market Overview
Artificial Intelligence Chipset companies provide custom processors made to speed up artificial intelligence tasks, particularly in machine learning and deep learning.
They are designed to handle many tasks simultaneously, perform fast calculations, and reduce delays, making them perfect for things like training neural networks.
These chipsets are widely used in data centers, self-driving cars, and edge devices to process large volumes of data quickly and in real time.
Market Drivers
The global AI chipset market is driven by increasing demand for AI applications across sectors like healthcare, automotive, and finance.
The rise of machine learning and deep learning, along with advancements in cloud computing and real-time data processing, fuels the need for high-performance AI hardware.
Additionally, improvements in chipset performance and energy efficiency, coupled with growing investments in AI R&D, are boosting market growth.
The adoption of AI in consumer electronics, along with the expansion of 5G networks, further accelerates the demand for AI chipsets in various applications.
Market Size
The global AI chipsets market, valued at USD 13.64 billion in 2021, is expected to reach USD 429.35 billion by 2032, growing at a CAGR of 36.8%.
List of Major Companies
These are the top 10 companies operating in the Artificial Intelligence Chipset Market:
IBM
Company Overview
| Establishment Year | 1911 |
| Headquarter | New York, United States |
| Key Management | Arvind Krishna (CEO) |
| Revenue (US$ Bn) | $ 61.8 Billion (2023) |
| Headcount | ~ 282,200 (2023) |
| Website | https://www.ibm.com/ |
About IBM
IBM Corporation has advanced in the Artificial Intelligence Chipset companies/sector, focusing on energy-efficient and high-performance processors.
In 2022, IBM introduced the Artificial Intelligence Unit (AIU), a specialized deep learning chip designed to enhance AI computing capabilities.
Following this, in 2023, IBM unveiled the NorthPole chip, a brain-inspired processor that integrates computation and memory on-chip, achieving speeds approximately 22 times faster and energy efficiency 25 times greater than comparable GPUs.
Additionally, IBM has partnered with Japan’s Rapidus to develop 2-nanometer semiconductor technology, aiming for mass production in the latter half of the 2020s.
These initiatives underscore IBM’s commitment to advancing AI hardware and fostering innovation in semiconductor technologies.
Geographical Presence
IBM Corporation, headquartered in Armonk, New York, operates in over 175 countries with a workforce of approximately 282,200 employees.
The company has 19 research facilities across 12 countries, focusing on advanced technologies like AI, cloud computing, and quantum computing.
Despite its global presence, IBM recently closed its research and development operations in China, affecting over 1,000 employees, and plans to relocate these functions to other locations, such as Bengaluru, India. Nevertheless, IBM maintains a strong presence in Greater China to support its clients.
Recent Developments
- In October 2023, IBM introduced a brain-inspired chip, NorthPole, that is over 20 times faster and 25 times more energy-efficient than any current microchip for AI tasks.
- In October 2022, IBM created the Artificial Intelligence Unit (AIU), a specialized application-specific integrated circuit (ASIC) designed for deep learning tasks, such as processing spoken language and images.
Company Overview
| Establishment Year | 1998 |
| Headquarter | Mountain View, California, U.S. |
| Key Management | Sundar Pichai (CEO) |
| Revenue (US$ Bn) | $ 305.6 B (2023) |
| Headcount | ~ 182,502 (2023) |
| Website | https://about.google/ |
About Google
Google LLC has made strides in the Artificial Intelligence Chipset companies/sector, primarily through the development of its Tensor Processing Units (TPUs).
In May 2024, Google introduced the sixth-generation TPU, codenamed “Trillium,” which offers enhanced performance and energy efficiency for advanced AI workloads.
Additionally, Google unveiled “Axion,” a custom Arm-based central processing unit designed to support AI operations in data centers, aiming to reduce reliance on third-party chip providers.
The company has also leveraged AI in chip design, employing its AlphaChip AI-assisted technology to optimize chip layouts, thereby accelerating development and improving efficiency.
These initiatives underscore Google’s commitment to advancing AI hardware and maintaining competitiveness in the rapidly evolving AI industry.
Geographical Presence
Google LLC, headquartered in Mountain View, California, operates over 154 offices globally. Its offices are spread across North America (69 offices), Latin America (8), Europe (40), Asia-Pacific (28), and Africa and the Middle East (7).
The company’s European headquarters is located in Dublin, Ireland, and its Asia-Pacific headquarters is in Singapore.
In 2024, Google announced restructuring efforts, including layoffs and the creation of growth hubs in India, Mexico, and Ireland, to enhance efficiency and align resources with key priorities.
Recent Developments
- In September 2024, Google introduced AlphaChip, an AI reinforcement learning method that accelerates chip floorplan design, optimizing performance, power, and area.
- In April 2024, Google introduced a new version of its data center AI chips, including an Arm-based processor. Its TPUs, available only via Google Cloud, provide an alternative to Nvidia’s chips.
Apple
Company Overview
| Establishment Year | 1976 |
| Headquarter | Cupertino, California, United States |
| Key Management | Tim Cook (CEO) |
| Revenue (US$ Bn) | $ 391.04 Billion (2024) |
| Headcount | ~ 164,000 (2024) |
| Website | https://www.apple.com/ |
About Apple
In May 2024, Apple launched the M4 chip, featuring a 16-core Neural Engine that processes up to 38 trillion operations per second, doubling its predecessor’s performance.
Built on TSMC’s 3-nanometer process with 28 billion transistors, the chip supports advanced AI tasks, including ray tracing.
In September 2024, Apple unveiled the A18 and A18 Pro chips for the iPhone 16, equipped with a 16-core Neural Engine handling 35 trillion operations per second.
These chips enhance AI features like Siri and on-device generative AI. Apple is also developing AI-specific data center chips under the codename ‘ACDC’ to support backend AI processing.
Geographical Presence
Apple Inc., headquartered in Cupertino, California, operates in over 150 countries, with a strong presence in the Americas, Europe, Greater China, Japan, and Asia Pacific.
The company has 532 retail stores in 27 countries and relies on a global supply chain, with manufacturing primarily in China, along with growing facilities in India and Brazil.
In Q1 2024, Apple faced a 10% drop in smartphone shipments, while Samsung became the leading smartphone manufacturer with a 20.8% market share.
Apple continues to diversify its operations, with significant investments in its Singapore hub to support growth and innovation.
Recent Development
- In May 2024, Apple introduced the M4 chip, its first AI-focused Apple Silicon, built on a 3-nanometer architecture. Powering the new iPad Pro and soon to be featured in Macs, the M4 brings significant upgrades.
- In April 2024, Apple invested over $250 million to expand its Singapore hub, aiming to support AI growth and reduce reliance on China.
AMD
Company Overview
| Establishment Year | 1969 |
| Headquarter | Santa Clara, California, United States |
| Key Management | Lisa Su (CEO) |
| Revenue (US$ Bn) | $ 22.6 Billion (2023) |
| Headcount | ~ 26,000 (2023) |
| Website | https://www.amd.com/ |
About Advanced Micro Devices
Advanced Micro Devices, Inc. (AMD) has made significant strides in the Artificial Intelligence Chipset companies/market with its high-performance processors.
In June 2024, AMD launched the Instinct MI300 series accelerators, including the MI300A, which combines CPU and GPU capabilities, and the MI300X, optimized for AI inference. Both use advanced packaging for better performance and energy efficiency.
In October 2024, AMD introduced the MI325X GPU, promising up to 40% better performance in AI inference benchmarks, with availability in early 2025.
To further enhance its AI ecosystem, AMD acquired Nod.ai in October 2023, strengthening its AI development tools and resources. These moves solidify AMD’s position in the competitive AI chipset market.
Geographical Presence
Advanced Micro Devices, Inc. (AMD), headquartered in Santa Clara, California, has a significant global presence with offices across the Americas, Europe, the Middle East, Africa (EMEA), and Asia Pacific.
It operates in key markets, including the U.S., Japan, China, Singapore, Taiwan, and several European countries.
AMD also has a joint venture in China, focusing on x86-compatible CPUs for the local market. In 2024, AMD expanded its footprint in Europe by acquiring Silo AI, enhancing its enterprise AI solutions.
In 2023, AMD reported $22.7 billion in revenue, with notable contributions from the U.S. (34.6%), Japan (20.4%), and China (15.1%).
Recent Development
- In November 2024, AMD launched the Versal™ Premium Series Gen 2, an adaptive SoC platform for enhanced system acceleration across workloads.
- In November 2024, AMD and Fujitsu signed an MOU to partner on developing open-source, energy-efficient AI and HPC platforms with advanced processors and flexible software.
Oracle
Company Overview
| Establishment Year | 1977 |
| Headquarter | Austin, Texas, United States |
| Key Management | Safra Catz (CEO) |
| Revenue (US$ Bn) | $ 52.96 B (2024) |
| Headcount | ~ 159,000 (2024) |
| Website | https://www.oracle.com/ |
About Oracle
Oracle Corporation has enhanced its position in the Artificial Intelligence Chipset companies/sector through collaborations and technological innovations.
In March 2024, Oracle expanded its partnership with NVIDIA to deliver sovereign AI solutions globally, integrating NVIDIA’s accelerated computing and generative AI software with Oracle’s cloud infrastructure.
Subsequently, in September 2024, Oracle introduced an AI-centric generative development infrastructure, leveraging Oracle Database 23ai technologies to facilitate rapid application development with AI-powered interfaces.
Additionally, Oracle announced new AI capabilities aimed at accelerating application development, including Oracle Code Assist, an AI code companion designed to enhance developer productivity.
These initiatives underscore Oracle’s commitment to integrating AI into its cloud services and development platforms, thereby strengthening its offerings in the competitive AI landscape.
Geographical Presence
Oracle Corporation, headquartered in Austin, Texas, has a strong global presence with 50 cloud regions across 25 countries.
The company operates data centers in North America, Europe, the Middle East, Africa, Asia Pacific, and South America, with significant investments to expand its infrastructure.
Recent plans include a $6.5 billion investment in Malaysia and an $8 billion commitment in Japan to meet the growing demand for AI and cloud services.
These efforts demonstrate Oracle’s continued focus on enhancing its global cloud services and infrastructure to support its diverse customer base.
Recent Developments
- In September 2024, Oracle launched Generative Development (GenDev), an AI-driven platform that helps developers rapidly create advanced applications with AI-powered natural language interfaces.
- In September 2024, Oracle and NVIDIA partnered to provide accelerated computing and generative AI services, promoting digital sovereignty and managing proprietary data.
Microsoft
Company Overview
| Establishment Year | 1975 |
| Headquarter | Redmond, Washington, U.S. |
| Key Management | Satya Nadella (CEO) |
| Revenue (US$ Bn) | $ 245.1 Billion (2024) |
| Headcount | ~ 228,000 (2024) |
| Website | https://www.microsoft.com/ |
About Microsoft
In a strategic push into the Artificial Intelligence Chipset companies/sector, Microsoft introduced the Azure Maia 100 AI Accelerator and Azure Cobalt 100 CPU in November 2023, designed to boost AI processing and reduce dependency on external suppliers.
In March 2024, Microsoft strengthened its AI division by hiring Mustafa Suleyman, co-founder of Inflection AI.
Additionally, in September 2024, Microsoft partnered with BlackRock, Global Infrastructure Partners, and MGX to invest up to $100 billion in data centers and power infrastructure, reinforcing its AI capabilities through innovation and partnerships.
Geographical Presence
Microsoft Corporation, headquartered in Redmond, Washington, has a vast global presence with offices across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Major U.S. locations include Redmond, Austin, and Atlanta, while international offices are in cities like Toronto, London, Munich, Tokyo, São Paulo, and Dubai. This extensive geographical footprint enables Microsoft to serve its global customer base effectively.
Recent Developments
- In September 2024, BlackRock, GIP, Microsoft, and MGX launched the Global AI Infrastructure Investment Partnership (GAIIP) to fund new data centers and energy infrastructure, primarily in the U.S., to support AI innovation and growth.
- In November 2023, Microsoft created custom AI chips and an Arm-based CPU for cloud workloads to reduce reliance on Nvidia and enhance its Azure data centers for an AI-driven future.
Intel
Company Overview
| Establishment Year | 1968 |
| Headquarter | Santa Clara, California, U.S. |
| Key Management | Pat Gelsinger (CEO) |
| Revenue (US$ Bn) | $ 54.2 Billion (2023) |
| Headcount | ~ 124,800 (2023) |
| Website | https://intel.com/ |
About Intel
Intel Corporation has pursued advancements in the Artificial Intelligence Chipset companies/sector through product innovation and strategic partnerships.
In December 2023, Intel unveiled the Gaudi 3 AI accelerator, designed to enhance performance in generative AI applications and compete with leading industry offerings.
In June 2024, the company introduced the Core Ultra processors, featuring integrated Neural Processing Units (NPUs) to facilitate on-device AI processing, marking a significant step toward AI-enabled personal computing.
Furthering its AI capabilities, Intel announced in September 2024 a multibillion-dollar agreement with Amazon Web Services to develop custom AI chips, aiming to strengthen its position in cloud-based AI solutions.
These initiatives underscore Intel’s commitment to advancing AI hardware and maintaining competitiveness in the evolving AI chipset market.
Geographical Presence
Intel Corporation, headquartered in Santa Clara, California, has a broad global presence with manufacturing facilities in the United States (Oregon, Arizona, New Mexico, Ohio), Ireland (Leixlip), Israel (Kiryat Gat), China (Dalian), Malaysia (Kulim and Penang), and Vietnam (Ho Chi Minh City).
It also operates research and development centers in the U.S., Ireland, Germany, China, and India. With sales offices in major cities such as New York, London, Tokyo, and Bangalore, Intel’s extensive geographical footprint allows it to effectively meet regional market demands and maintain a competitive edge globally.
Recent Developments
- In September 2024, Intel secured a multimillion-dollar, multiyear deal with Amazon Web Services to design and produce two AI-capable chips for AWS.
- In April 2024, Intel introduced the Gaudi 3 AI accelerator chip, claiming strong performance with large language models. Positioned as an alternative to Nvidia’s H100, it aims to address GPU shortages in data centers.
NVIDIA
Company Overview
| Establishment Year | 1993 |
| Headquarter | Santa Clara, California, U.S. |
| Key Management | Jensen Huang (CEO) |
| Revenue (US$ Bn) | $ 60.9 Billion (2024) |
| Headcount | ~ 29,600 (2024) |
| Website | https://www.nvidia.com/ |
About NVIDIA
NVIDIA continues to lead the Artificial Intelligence Chipset companies/market with innovations like the Blackwell B200 GPU, offering up to 20 petaflops of FP4 performance for AI workloads.
The company plans to release new AI chips annually, with the next-generation “Rubin” platform expected in 2026, featuring HBM4 memory and NVLink 6 Switch technology.
NVIDIA’s GPUs are integral to AI infrastructure and are used by firms like Amazon Web Services for AI supercomputers.
Despite rising competition, NVIDIA’s dominance is reflected in a 94% revenue increase to $35.1 billion in Q4 2024, driven by strong AI infrastructure demand.
Geographical Presence
NVIDIA Corporation, headquartered in Santa Clara, California, operates globally and has a significant presence in the Americas, Asia-Pacific, and Europe.
The company’s revenue is primarily driven by the U.S., Taiwan, and China, with these regions accounting for over 80% of total sales.
NVIDIA partners with Taiwan Semiconductor Manufacturing Company (TSMC) for chip production and is expanding operations in countries like Malaysia, South Korea, and Singapore.
The company collaborates across various sectors, including automotive, media, and scientific research, and has recently expanded its partnerships in India, including launching a Hindi-language AI model.
Recent Development
- In June 2024, NVIDIA revealed the company’s next-generation AI-accelerating GPU platform.
- In March 2024, NVIDIA launched the Blackwell B200 GPU, offering 20 petaflops of FP4 performance. The GB200 “super chip,” combining two B200 GPUs and a Grace CPU, boosts LLM inference performance by 30 times with enhanced efficiency.
Qualcomm
Company Overview
| Establishment Year | 1985 |
| Headquarter | San Diego, California, U.S. |
| Key Management | Cristiano Amon (CEO) |
| Revenue (US$ Bn) | $ 35.8 Billion (2023) |
| Headcount | ~ 50,000 (2023) |
| Website | https://www.qualcomm.com/ |
About Qualcomm
Qualcomm has made significant strides in the Artificial Intelligence Chipset companies/sector with key product launches and partnerships.
In October 2023, the company introduced the Snapdragon X Elite platform to boost AI processing in Windows laptops.
In October 2024, Qualcomm launched the Snapdragon 8 Elite mobile processor with the custom Oryon CPU, adopted by brands like Samsung, ASUS, and Xiaomi for flagship smartphones.
Additionally, Qualcomm partnered with Google to enhance automotive platforms through the Snapdragon Digital Chassis, reinforcing its leadership in AI hardware across multiple industries.
Geographical Presence
Qualcomm Incorporated, headquartered in San Diego, California, has a strong global presence with operations across North America, Europe, Asia Pacific, and Latin America.
It maintains offices in key regions such as the United States, Germany, India, China, Japan, South Korea, and Taiwan.
The company generated significant revenue from China and Hong Kong, contributing over $22 billion in 2023.
Qualcomm’s global reach is bolstered by extensive research, development, and strategic partnerships in these regions, underscoring its leadership in the wireless technology industry.
Recent Developments
- In October 2024, Qualcomm launched the Snapdragon 8 Elite, featuring custom CPU cores, enhanced graphics, and new AI and imaging advancements over the Snapdragon 8 Gen 3.
- In October 2023, Qualcomm launched the Snapdragon X Elite, its most powerful PC processor, with superior CPU performance, advanced AI, and long-lasting battery life.
Cisco
Company Overview
| Establishment Year | 1984 |
| Headquarter | San Jose, California, U.S. |
| Key Management | Chuck Robbins (CEO) |
| Revenue (US$ Bn) | $ 53.80 Billion (2024) |
| Headcount | ~ 90,400 (2024) |
| Website | http://cisco.com/ |
About Cisco
Cisco Systems, Inc. has made progress in the Artificial Intelligence Chipset companies/market with key product launches and partnerships.
In June 2024, Cisco introduced the Nexus HyperFabric AI cluster solution, integrating NVIDIA’s computing power for easier deployment of generative AI workloads.
In October 2024, Cisco launched a new AI server family designed for GPU-intensive tasks, further enhancing AI processing capabilities.
The company also unveiled the Silicon One G200 chip in November 2024, offering 51.2 Tbps bandwidth for AI and machine learning networks.
Additionally, Cisco is finalizing a $23 billion investment in CoreWeave, a cloud computing provider specializing in AI workloads.
Geographical Presence
Cisco Systems, Inc., headquartered in San Jose, California, operates globally and has a significant presence across regions.
In fiscal year 2023, it reported $33.35 billion in the Americas, $15.14 billion in EMEA, and $8.42 billion in APJC.
Cisco employs 43,512 individuals in the U.S. and 46,887 worldwide, maintaining over 200 offices in more than 80 countries.
In June 2024, the company expanded its global operations by announcing the establishment of a cybersecurity center in Taiwan, reinforcing its commitment to enhancing cybersecurity and supporting regional digital initiatives.
Recent Developments
- In October 2024, Cisco unveiled new data center additions: an AI server family for GPU-intensive workloads with NVIDIA computing and AI PODs, providing organizations with a scalable, adaptable path to AI.
- In June 2024, Cisco introduced a groundbreaking AI cluster solution with NVIDIA, reshaping how customers manage and optimize data center infrastructure and software.
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