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WHTop → 📋 News → Semiconductor Sales Surge 18% in 2024, Fueled by AI and Data Centers
Semiconductor Sales Surge 18% in 2024, Fueled by AI and Data Centers
📅 - The global semiconductor marketexperienced a significant surge in 2024, with total sales reaching $626 billion, an 18.1% increase from the previous year, according to preliminary data from Gartner. This growth was largely fueled by the rising demand for graphics processing units (GPUs) and artificial intelligence (AI) processors, particularly within data center applications.
The trend is expected to continue, with semiconductor revenue projected to reach $705 billion by 2025.
The data center segment, driven by AI and generative AI (GenAI) workloads, emerged as the second-largest market for semiconductors, trailing only smartphones. The segments revenue soared to $112 billion in 2024, a [...][... Check source for end of article ...]
📅 - Rackspace and MTU Launch Quantum Computing Hub on AWS in Ireland - Rackspace Technology, a global managed hosting provider delivering hybrid, multicloud, and AI solutions, has partnered with Munster Technological University (MTU) to launch QCloud, Irelands first quantum cloud computing hub on Amazon Web Services (AWS).
This initiative represents a significant step in democratizing access to quantum computing, fostering collaboration between academia and industry, and strengthening Irelands position in the global quantum research ecosystem.
MTU, established in 2021, operates six campuses across southwestern Ireland and plays a crucial role in the European Unions national cybersecurity initiatives. The university developed QCloud as part of its mission to [...]
📅 - AMDs Data Center Revenue Disappoints Investors - AMDs data center segment faced investor skepticism following the companys latest earnings report, as it struggles to compete with AI computing leader NVIDIA. Despite reporting strong year-over-year growth in data center revenue, AMDs figures fell short of analyst expectations, triggering a more than 10% decline in its stock price after markets opened in New York on Wednesday.
During its earnings call, AMD projected high double-digit percentage growth for its data center division in 2024, with stronger performance expected in the second half of the year. However, in a competitive landscape dominated by NVIDIA - whose data center revenues have doubled annually for the past two years - AMDs [...]
📅 - FirstLight Expands Brunswick Data Center with More Power and Security - The Brunswick Data Center of FirstLight is a 2N facility that has two completely redundant electrical supplies for optimal uptime. The facility's power capacity was doubled during the remodeling project, which started last summer, while maintaining the same high level of redundancy. All of the power comes from renewable sources.
A former NATO Command and Control Center, the complex at Brunswick Landing has several high-security features, such as a gated perimeter fence and round-the-clock surveillance. Additionally, the data center conforms with a number of industry standards, such as the International Traffic in Arms Regulations (ITAR), Criminal Justice Information Services (CJIS), [...]
📅 - IBM Hits $1B in Quantum Revenue, Eyes Future Growth - IBM is doubling down onquantum computingandartificial intelligence (AI)as key drivers of its future revenue, with executives revealing that the company has already generated $1 billion in quantum-related business over the years. The tech giant, which continues to expand its investments in cutting-edge technologies, expects quantum computing to play an increasingly significant role in its financial growth in the coming years.
The companys strategic pivot toward AI and quantum computing was underscored in its latest earnings report and reinforced by recent statements from IBM Chairperson, President, and CEO Arvind Krishna. Speaking to investors, Krishna highlighted the companys strong [...]
📅 - Supermicro Ramps Up Rack-Scale Production of NVIDIA Blackwell HGX B200 - A wide variety of liquid-cooled and air-cooled systems with several CPU options are included in the portfolio. These include liquid-to-liquid (L2L), liquid-to-air (L2A), and improved thermal design that supports conventional air cooling. Additionally, a turn-key offering with worldwide delivery, expert support, and service is available for a complete data center management software suite, rack-level integration, complete network switching and cabling, and cluster-level L12 solution certification.
"In this transformative moment of AI, where scaling laws are pushing the limits of data center capabilities, our latest NVIDIA Blackwell-powered solutions, developed through close collaboration [...]
📅 - DE-CIX India and e& Partner to Boost India-UAE Internet Connectivity - Global interconnection platform provider DE-CIX, has announced a strategic collaboration with e&, a global technology and telecommunications firm, in India. DE-CIX India will establish a dedicated Internet corridor between India and the United Arab Emirates.
This initiative aims to enhance connectivity, reduce latency, and accelerate digital innovation across both regions, positioning the partnership as a key driver of next-generation Internet infrastructure.
The collaboration follows e&s recent agreement with DE-CIX to operate the SmartHub IX in the UAE. By leveraging e&s extensive global connectivity network alongside DE-CIX Indias robust Internet exchange services, the partnership [...]
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