Integrated Telecom Technology

Neuromorphic Chip Market Projected to Reach $7.1 Billion, Globally, By 2032 at 55.8% CAGR: Allied Market Research

Retrieved on: 
Thursday, November 9, 2023

WILMINGTON, Del., Nov. 9, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Neuromorphic Chip Market By End User: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global neuromorphic chip industry generated $87.9 million in 2022, and is projected to reach $7.1 billion by 2032, registering a CAGR of 55.8% from 2023 to 2032.

Key Points: 
  • Moreover, there are future opportunities for neuromorphic chip manufacturers to develop energy-efficient chips with advanced power management systems, reducing standby power usage, and eco-friendly production techniques.
  • These factors collectively create a strong demand for neuromorphic chips in the neuromorphic chip market.
  • In July 2023, SynSense launched its Xylo Audio 3 ultra-low-power audio processing platform built on a neuromorphic AI inference core.
  • Xylo Audio 3 is built on TSMC's 40nm CMOS low power logic process for real-time neuromorphic AI audio signal processing capabilities with lower die cost.

Neuromorphic Chip Market Projected to Reach $7.1 Billion, Globally, By 2032 at 55.8% CAGR: Allied Market Research

Retrieved on: 
Thursday, November 9, 2023

WILMINGTON, Del., Nov. 9, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Neuromorphic Chip Market By End User: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global neuromorphic chip industry generated $87.9 million in 2022, and is projected to reach $7.1 billion by 2032, registering a CAGR of 55.8% from 2023 to 2032.

Key Points: 
  • Moreover, there are future opportunities for neuromorphic chip manufacturers to develop energy-efficient chips with advanced power management systems, reducing standby power usage, and eco-friendly production techniques.
  • These factors collectively create a strong demand for neuromorphic chips in the neuromorphic chip market.
  • In July 2023, SynSense launched its Xylo Audio 3 ultra-low-power audio processing platform built on a neuromorphic AI inference core.
  • Xylo Audio 3 is built on TSMC's 40nm CMOS low power logic process for real-time neuromorphic AI audio signal processing capabilities with lower die cost.

Artificial Intelligence Chip Market to Reach $194.9 Bn, Globally, by 2030 at 37.4% CAGR: AMR

Retrieved on: 
Monday, January 10, 2022

As per the report, the global artificial intelligence chip industry was accounted for $8.02 billion in 2020, and is expected to reach $194.9 billion by 2030, growing at a CAGR of 37.4% from 2021 to 2030.

Key Points: 
  • As per the report, the global artificial intelligence chip industry was accounted for $8.02 billion in 2020, and is expected to reach $194.9 billion by 2030, growing at a CAGR of 37.4% from 2021 to 2030.
  • Rise in need for smart homes & smart cities, advent of quantum computing, and surge in investments in AI startups drive the growth of the global artificial intelligence chip market.
  • The Covid-19 pandemic resulted in sudden decline in development of artificial chip across the globe, especially in China, the U.S., and across Europe.
  • By chip type, the CPU segment held the largest share in 2020, accounting for nearly two-fifths of the global artificial intelligence chip market, due to ability of CPU to process sequential code.

Artificial Intelligence Chip Market to Reach $194.9 Bn, Globally, by 2030 at 37.4% CAGR: AMR

Retrieved on: 
Monday, January 10, 2022

PORTLAND, Ore., Jan. 10, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Artificial Intelligence Chip Market by Chip Type (GPU, ASIC, FPGA, CPU, and Others), Application (Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, and Others), Technology (System-on-chip, System-in-package, Multi-chip Module, and Others), Processing Type (Edge and Cloud), and Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global artificial intelligence chip industry was accounted for $8.02 billion in 2020, and is expected to reach $194.9 billion by 2030, growing at a CAGR of 37.4% from 2021 to 2030.

Key Points: 
  • - Rise in need for smart homes & smart cities, advent of quantum computing, and surge in investments in AI startups drive the growth of the global artificial intelligence chip market.
  • As per the report, the global artificial intelligence chip industry was accounted for $8.02 billion in 2020, and is expected to reach $194.9 billion by 2030, growing at a CAGR of 37.4% from 2021 to 2030.
  • Rise in need for smart homes & smart cities, advent of quantum computing, and surge in investments in AI startups drive the growth of the global artificial intelligence chip market.
  • By chip type, the CPU segment held the largest share in 2020, accounting for nearly two-fifths of the global artificial intelligence chip market, due to ability of CPU to process sequential code.

Thin Wafers Market to Reach US$ 21.65 Bn by 2031; Growing Adoption of Ultra-thin Silicon Wafers to Propel Sales: TMR Study

Retrieved on: 
Wednesday, January 5, 2022

The adoption of thin wafers notably 100um-200um wafers in telecom applications has been generating sizable revenue streams for players in the thin wafers market .

Key Points: 
  • The adoption of thin wafers notably 100um-200um wafers in telecom applications has been generating sizable revenue streams for players in the thin wafers market .
  • The global thin wafers market is projected to reach valuation of US$ 21.65 Bn by 2031.
  • North America is projected to contribute substantial revenue to the global thin wafers market over the next few years.
  • The growing trend of incorporation of electronics for safety features is bolstering the applications of semiconductor wafers in automotive chips.

Thin Wafers Market to Reach US$ 21.65 Bn by 2031; Growing Adoption of Ultra-thin Silicon Wafers to Propel Sales: TMR Study

Retrieved on: 
Wednesday, January 5, 2022

ALBANY, N.Y., Jan. 5, 2022 /PRNewswire/ -- Thin wafers are gaining adoption as a flexible substrate for the production of ultra-thin semiconductors that are used in multiple electronics end-use applications. They are extensively used in a range of power devices and CMOS image sensors that find application in IT & telecom, automotive, and consumer electronics. The adoption of thin wafers notably 100um-200um wafers in telecom applications has been generating sizable revenue streams for players in the thin wafers market.

Key Points: 
  • The adoption of thin wafers notably 100um-200um wafers in telecom applications has been generating sizable revenue streams for players in the thin wafers market .
  • The global thin wafers market is projected to reach valuation of US$ 21.65 Bn by 2031.
  • North America is projected to contribute substantial revenue to the global thin wafers market over the next few years.
  • The growing trend of incorporation of electronics for safety features is bolstering the applications of semiconductor wafers in automotive chips.

IGT to Deploy Next-Generation Cashless Technology for Washington's Lottery

Retrieved on: 
Thursday, July 22, 2021

LONDON, July 22, 2021 /PRNewswire/ --International Game Technology PLC (IGT) (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), has extended its lottery gaming systems contract to deploy next-generation cashless lottery technology for Washington's Lottery, making Washington the seventh U.S. state to leverage IGT's cashless lottery solutions.

Key Points: 
  • LONDON, July 22, 2021 /PRNewswire/ --International Game Technology PLC (IGT) (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), has extended its lottery gaming systems contract to deploy next-generation cashless lottery technology for Washington's Lottery, making Washington the seventh U.S. state to leverage IGT's cashless lottery solutions.
  • "Washington's Lottery has relied on IGT's trusted partnership and forward-thinking expertise for more than 25 years,"said Marcus Glasper, Washington's Lottery Director.
  • "IGT has a deep understanding for the growth-driving products and solutions Washington's Lottery needs to help reach its business goals,"said Jay Gendron, IGT Chief Operating Officer, Lottery.
  • IGT has served as the primary lottery technology supplier to Washington's Lottery since 1996.

IGT and Marker Trax Form Strategic Partnership to Elevate the Cashless Gaming Experience

Retrieved on: 
Tuesday, July 20, 2021

LONDON, July 20, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) announced today that it is fueling its leadership in cashless gaming technologies via a strategic partnership with Marker Trax, makers of an advanced digital casino marker system. This partnership will give IGT ADVANTAGE® casino management systems users the option to integrate Marker Trax technology into any variation of an IGT Resort Wallet deployment.

Key Points: 
  • LONDON, July 20, 2021 /PRNewswire/ --International Game Technology PLC ("IGT") (NYSE:IGT) announced today that it is fueling its leadership in cashless gaming technologies via a strategic partnership with Marker Trax, makers of an advanced digital casino marker system.
  • This partnership will give IGT ADVANTAGE casino management systems users the option to integrate Marker Trax technology into any variation of an IGT Resort Wallet deployment.
  • This agreement with IGT reaffirms our company's commitment to offering the convenience and safety of Marker Trax to an expanded customer base,"said Charlie Skinner, Marker Trax COO.
  • Developed and patented by the company's founder, Gary Ellis, in 2018, Marker Trax makes for a more efficient gaming experience for players.

International Game Technology PLC to Host Second Quarter 2021 Results Conference Call on Tuesday, August 3, 2021

Retrieved on: 
Tuesday, July 20, 2021

We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital.

Key Points: 
  • We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital.
  • This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters.
  • All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
  • Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
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IGT PlaySports Technology and Services Enable World-Class Sports Betting at Ute Mountain Casino Hotel in Colorado

Retrieved on: 
Monday, July 19, 2021

LONDON, July 19, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is expanding its sports betting footprint in Colorado through a multi-year agreement with Ute Mountain Casino Hotel ("Ute Mountain Casino").

Key Points: 
  • LONDON, July 19, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is expanding its sports betting footprint in Colorado through a multi-year agreement with Ute Mountain Casino Hotel ("Ute Mountain Casino").
  • Per the terms of the agreement, IGT will provide its market-leading PlaySports platform, self-service PlaySports Kiosks and turnkey services.
  • "IGT is honored to help Ute Mountain Casino grow its PlaySports-powered sports betting enterprise from the ground up," said Enrico Drago, IGT PlayDigital Senior Vice President.
  • IGT PlaySports has been processing sports wagers in Colorado since the first day of legalized sports betting in the State and we look forward to extending that momentum with Ute Mountain Casino."