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AI is Powering A Semiconductor Boom

Latest from Kiplinger ·John Miley·3 days ago
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#kiplinger#intel#sales#chip#chips#article
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To help you understand the trends surrounding business and technology and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts. ( Get a free issue of The Kiplinger Letter or subscribe .) You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here's the latest… The semiconductor industry is booming, defying historical precedents as sales surge amid red-hot demand for costly artificial intelligence chips for data centers. The biggest problem chipmakers have now is that they can’t keep up with demand. Skyrocketing chip sales push past $1 trillion Global chip sales will soar past $1.3 trillion in 2026, a whopping 60% rise versus last year, the fastest pace in two decades, according to a recent forecast by Gartner, a tech market research firm.…

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