Semiconductor makers boosted by AI trend

The increasing commercialization of artificial intelligence is set to give China a substantial boost in the global semiconductors field, say international researchers.

Revenues from semiconductors manufactured in China will grow by 25 percent to approximately $110 billion in 2019, as producers meet the increasing domestic demand for chipsets, fueled in part by AI advances, said consultancy Deloitte Global in an annual industry preview released on Tuesday.

A Chinese chip foundry will begin producing semiconductors specialized to support AI and machine learning tasks, thanks to massive domestic demand and the technological might of domestic tech giants, said Chris Arkenberg, a research manager with Deloitte's Center for Technology, Media and Telecommunications.