Data Centers Surge to Second-Largest Semiconductor Market, Fueled by AI Boom: Gartner

Global semiconductor revenue soared to $626 billion in 2024, marking an 18.1% jump from the previous year, driven largely by the insatiable demand for artificial intelligence (AI) and generative AI (GenAI) technologies. A key highlight of this surge is the rise of data centers as the second-largest market for semiconductors, according to preliminary results released […]