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Home › MarketWatch › Processor market size is expected to drop to $150 billion in 2023
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Processor market size is expected to drop to $150 billion in 2023

SemiMediaEdit
July 17, 2023

July 17, 2023 /SemiMedia/ -- According to the latest report from Yole Intelligence, the market for processors, including CPUs, GPUs, APUs, and FPGAs, fell to $159 billion in 2022 from $159 billion in 2021 due to weak consumer electronics demand. And it is expected to continue to decline to $150 billion in 2023.

Processor market size is expected to drop to $150 billion in 2023-SemiMedia

Due to the current focus on generative AI applications, there is strong demand for machine learning hardware. Such trends are beneficial to the acceleration chip market for high-performance processing computers (HPC). For example, in the field of data center GPU, Yole Intelligence expects Nvidia to reach the highest revenue in history in the second quarter of fiscal year 2024.

As for client CPU and GPU revenue, Yole Intelligence believes that starting from the third quarter of 2023, the total market will gradually begin to recover.

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