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AI adoption and impact on semiconductors' supply and demand

Anjali Bastianpillai
Anjali Bastianpillai • 7 min read
AI adoption and impact on semiconductors' supply and demand
Semiconductors are the backbone of technological innovation such as AI / Photo: Nicholas Arnold via Unsplash
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Semiconductors are the backbone of technological innovation, powering everything from smartphones and laptops to servers and supercomputers. This sector is expected to become a trillion-dollar industry by 2030. McKinsey predicts that about 70% of growth will be driven by the automotive (particularly electric vehicles or EVs), data storage, and wireless industries.

We are positive about the impact of AI on the semiconductor market and how it will affect government and enterprise supply chain resilience.

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