Jensen Huang bullish on AI chip demand; IDC forecasts global AI chip market at ~$48B in 2025
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Jensen Huang maintains an optimistic outlook on chip demand, according to an East Money article. The article reports that driven by strong AI demand, the market is positive on AI chip growth. IDC forecasts the global AI chip market will reach approximately $48 billion in 2025 and $280 billion by 2030. Domestically, EqualOcean Intelligence reports China's AI chip market was about RMB 142.5 billion in 2024, projected to reach RMB 250 billion by 2026 (32% CAGR) and RMB 1.34 trillion by 2029 as supply chains move toward self-sufficiency. In 2025, domestic players accounted for 41% of China's cloud AI chip shipments, while Nvidia's share dropped to 55%. The article also notes Huawei's Ascend 960 chip is ready ahead of schedule with doubled performance, MediaTek's Dimensity 9600 series flagship AI chips, and Meta's plan to deploy next-gen AI chips by early 2027 with Broadcom and TSMC. Nine AI chip concept stocks saw net margin buying, led by MoXi Semiconductor with RMB 783 million.
Source report
Driven by strong AI demand, the market maintains a positive and optimistic outlook on the growth potential of the AI chip sector.
Market Size Forecasts
According to IDC forecasts:
- The global AI chip market size will reach approximately $48 billion in 2025
- It is expected to expand to around $280 billion by 2030
Domestically, EqualOcean Intelligence reports:
- China's AI chip market size was approximately RMB 142.5 billion in 2024
- Projected to reach RMB 250 billion by 2026, representing a compound annual growth rate (CAGR) of 32%
- As the supply chain for AI chips accelerates toward self-sufficiency, the market size is expected to grow even faster, surging to RMB 1.34 trillion by 2029
Market Share Dynamics
Domestic substitution has clearly accelerated. EqualOcean Intelligence notes that in 2025:
- Domestic players accounted for 41% of China's cloud AI chip shipments
- Nvidia's market share dropped to 55%
Recent Developments from Tech Giants
Huawei
Wang Tao stated that the Ascend 960 chip is ready ahead of schedule, achieving doubled performance:
- Ascend 960DT: Launch in Q1 2027, three quarters earlier than originally planned
- Ascend 960PR: Release in Q3 2027, one quarter ahead of schedule
Going forward, Huawei will maintain an annual generation evolution pace:
- Ascend 970: Planned for 2028
- Ascend 980: Planned for 2029
MediaTek
On September 15, MediaTek unveiled the Dimensity 9600 series flagship 5G agentic AI chips:
- Dimensity 9600 Pro
- Dimensity 9600 M
Xu Jingquan, Senior Vice President of MediaTek, described the Dimensity 9600 Pro as the most powerful flagship AI mobile chip in the Dimensity lineup to date.
Meta
According to National Business Daily, Meta plans to deploy its next-generation self-developed AI chips to data centers in the first half of 2027, involving partners such as Broadcom and TSMC.
Stock Movements: Nine Stocks See Net Margin Buying
Within the AI chip concept, some stocks have seen aggressive accumulation by leveraged capital. Since August:
| Stock | Net Margin Buying (RMB) | |-------|-------------------------| | MoXi Semiconductor | 783 million | | Cambricon | > 100 million | | Hesheng New Materials | > 100 million | | Guoke Microelectronics | > 100 million | | StarSemi Technology | > 100 million |
(Source: East Money)
Source
东方财富网Eastern
Part of this Story
AI chip demand surges as Huawei, MediaTek, Meta advance new processors