Indian semiconductor demand to surge 28% by 2026, driven by AI and custom chip needs.

Semiconductor demand in India is forecast to grow by 28% by 2026, nearly matching the global expected rise of 29%, according to a Capgemini Research Institute report. Nearly all (96%) surveyed Indian downstream organizations expect increased demand for AI chips and custom silicon chips, compared to 88% and 81% globally. Advancements in AI/ML acceleration and GPU computing are seen as the most relevant semiconductor advancements, with enhanced security being a key innovation desired by Indian firms.

2 months ago
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