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Artificial Intelligence Growth And Use In Semiconductors

  • Specialized Chip Demand: The demand for Artificial Intelligence specific chips is soaring. In 2023, advanced AI chips were selling for approximately US$40,000 each, with a strong demand for a million or more units. This trend is expected to persist into 2024, with manufacturers struggling to meet the overwhelming demand. 1
  • Potential Revenue Increase: By harnessing AI, the semiconductor industry could potentially see an increase in earnings before interest of $85-$95 billion annually by 2025. This huge potential underscores the importance of integrating AI into semiconductor manufacturing processes. 1
  • The global Artificial Intelligence Chip market generated USD $14.68 billion revenue in 2022 and is projected to grow at a CAGR of 38.16% from 2023 to 2032. The market is expected to reach USD $372.01 billion by 2032. 2
  • The global semiconductor market size was valued at $611.35 billion in 2023 & is projected to grow from $681.05 billion in 2024 to $2.06 trillion by 2032. 3
  • The Taiwan Semiconductor Manufacturing Company (TSMC) makes all of the world’s advanced AI chips. Most importantly, Nvidia’s GPU’s; it also includes the Ai chips for Google, AMD, Amazon and Microsoft. 4
  • Modern artificial intelligence simply would not be possible without these highly specialized chips. Every important AI breakthrough over the past decade, from AlphaGo to AlphaFold to Midjourney to ChatGPT—rely on these chips. 4

1. J2 Sourcing   2. The Brainy Insights  3. Fortune Business Insights  4. Forbes

DATA STORAGE: Microsoft’s Project Silica

  • Project is designed to move data storage from magnetic based chips to silica-based glass plates. 1
  • Resistant to electromagnetic pulses and environmentally friendly due to their extensive lifespan compared to legacy data storage. 1
  • Increased lifespan from magnetic based storage (5-10 years) to potentially thousands of years on glass. 2
  • Increased data storage capabilities of several terabytes. For example, 1.75m songs on a plate the size of a drink coaster. 2

1. Microsoft  2. AI Business

Purity is Critical: Solar

The solar market was first to demonstrate commercial value of silica purity.

  • Photovoltaic (PV) solar panel installations have increased from one gigawatt (GW) in 2000 to 480 GW in 2018 and are expected to reach 8519 GW by 2050. (International Renewable Energy Agency (IRENA), 2019)
  • Silicon PV (Si PV) represents 97% of the current PV market and should remain the dominant technology until 2040, but raw material shortage could reduce the market share of Si PV (Masson and Kaizuka, 2020)
  • China consumes silicon commercially but does not dominate resource extraction: China is the largest MG-Si producer in the world (U.S. Geological Survey (USGS) Mineral Commodity Summaries, 2020), but does not have enough domestic high-quality quartz resources (Zhou and Yang, 2018) and therefore either produce MG-Si from lower-quality resource or import high-quality sands from other countries. 1
  • The global Crystalline Silicon PV Cells market size was valued at USD $52.7 billion in 2022 and is expected to expand at a CAGR of 7.42%, reaching USD $80.9 billion by 2028. 2,3
Click image to enlarge. Source: Science Direct

1. Science Direct.  2. LinkedIn  3. Market Reports World

Silicon for Lithium-ion Batteries

  • The inclusion of silicon metal into predominantly graphite-derived battery anodes significantly increases the energy density, range and rate of recharge of EV’s, creating potential growth opportunities subject to adoption. 1
  • Electric vehicles are spearheading the lithium silicon battery industry, which is expected to rise at a 48.1% CAGR. 2
  • The lithium silicon battery market is predicted to rise through 2034 with United Kingdom at a CAGR of 50.2%, Japan at 49.9%, China at 49.7%, and South Korea at 49.4%. 2
  • The lithium silicon battery market in the United States is estimated to rise at a whopping 49.0% CAGR through 2034. 2
  • The global silicon anode battery market size was valued at $1.2 billion USD in 2021. 2
  • It is estimated to expand at a GAGR of 67.5% from 2022 to 2031 and reach $208.6 billion US by 2031. 2

1. Chemical & Engineering News  2. Globe Newswire

Click image to enlarge. Source: LG Energy Solution

“The adoption of electric vehicles and renewable energy storage solutions are rising in the market. Lithium silicon batteries are expected to play a crucial role in powering the next generation of EVs and grid-scale energy storage systems. The increasing demand for high-performance batteries presents a lucrative opportunity for manufacturers to capitalize on the growing market demand in the clean energy landscape.”

~ Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.)

Source: Globe Newswire
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