The Artificial Intelligence Chips Market is projected to grow from USD 7.6 billion in 2020 to USD 70.9 billion by 2026 at a CAGR of around 42.3% during the forecast period.
Artificial intelligence chip is known as silicon chip which integrates AI technology to minimize human errors and solve computational & mathematical problems. The artificial intelligence chips are designed to handle large and parallel systems effectively. Artificial intelligence chips address the increasing necessity for faster processing due to enabled machine learning.