Jensen Huang bullish on AI chip demand; IDC forecasts global market to reach $280B by 2030
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This article from East Money reports on the sustained optimism in the AI chip sector, driven by robust AI demand. It cites IDC forecasts projecting the global AI chip market to reach $48 billion in 2025 and $280 billion by 2030. Domestically, EqualOcean Intelligence estimates China's AI chip market will grow from RMB 142.5 billion in 2024 to RMB 250 billion by 2026, and surge to RMB 1.34 trillion by 2029, with domestic substitution accelerating. Key industry developments include Huawei's announcement that its Ascend 960 chip is ready ahead of schedule, with a roadmap for annual updates through 2029; MediaTek's launch of the Dimensity 9600 series flagship AI chips; and Meta's plan to deploy its next-generation self-developed AI chips in data centers by early 2027, involving Broadcom and TSMC. The article also notes that since August, several AI chip concept stocks, including Muxi Inc., Cambricon, Hesheng New Materials, Guoke Microelectronics, and StarSemi Technology, have seen significant net margin buying by leveraged investors.
Source report
Driven by robust AI demand, the market maintains a consistently positive outlook on the growth potential of the AI chip sector.
According to IDC forecasts, the global AI chip market size is projected to reach approximately $48 billion in 2025 and expand to around $280 billion by 2030.
Domestically, EqualOcean Intelligence estimates that China's AI chip market size was approximately RMB 142.5 billion in 2024, expected to reach RMB 250 billion by 2026, representing a compound annual growth rate (CAGR) of 32%. As the process of supply chain self-sufficiency for AI chips accelerates, the market size will grow even faster, surging to RMB 1.34 trillion by 2029.
Regarding market share, domestic substitution has clearly accelerated. EqualOcean Intelligence notes that in 2025, domestic players accounted for 41% of China's cloud AI chip shipments, while Nvidia's market share fell to 55%.
Major Players Make Frequent Announcements on AI Chips
The strong performance of AI chips is also linked to recent developments from industry leaders.
- Huawei: Wang Tao stated that the Ascend 960 chip is ready ahead of schedule, achieving a doubling of performance. Specifically:
- The Ascend 960DT will be released in Q1 2027, three quarters earlier than originally planned.
- The Ascend 960PR will launch in Q3 2027, one quarter ahead of schedule.
- Going forward, Huawei will maintain an annual evolution pace, with the Ascend 970 scheduled for release in 2028 and the Ascend 980 in 2029.
- MediaTek: On September 15, MediaTek launched its Dimensity 9600 series flagship 5G agentic AI chips: the Dimensity 9600 Pro and Dimensity 9600M. 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.
Nine Stocks See Net Margin Buying
From an individual stock perspective, within the AI chip concept sector, some stocks have seen aggressive accumulation by leveraged capital. Since August:
- Muxi Inc. has received net margin buying of RMB 783 million.
- Cambricon, Hesheng New Materials, Guoke Microelectronics, and StarSemi Technology have each recorded net margin buying exceeding RMB 100 million.
(Source: East Money)
Source
东方财富网-产经资讯Eastern
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AI chip demand surges as Huawei, MediaTek, Meta advance new processors