Why ASICs Are the Future of Computing Hardware Innovation The global Application Specific Integrated Circuit (ASIC) market is witnessing steady growth as industries increasingly demand customized and energy-efficient chip solutions for advanced computing applications. Valued at US$ 18.8 billion in 2024, the market is projected to reach US$ 36.1 billion by 2035, expanding at a CAGR of 4.8% between 2025 and 2035. This expansion is fueled by the rising...
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