India, Nov. 7 -- The momentum shows no signs of slowing any time soon, with the following years bringing just as impressive growth rates

In just five years, the AI chip market has skyrocketed in value, surging over 400% to $92 billion as of this year. And while this triple-digit growth beats even the broader AI industry by nearly threefold, the momentum shows no signs of slowing any time soon, with the following years bringing just as impressive growth rates.

According to data presented by Jemlit.com, AI chips are projected to triple in value and become a $330 billion industry by the end of the decade.

Market Revenue Set to Grow by an Average of $47 Billion a Year

For the past three years, artificial intelligence has been the top tech...