High Performance Computing (hpc) Chipset Market Projected To Reach $29.4 Billion, Globally, By 2032 At 17.9% Cagr: Allied Market Research

Allied Market Research published a report on the High Performance Computing (HPC) Chipset Market which is estimated to reach $29.4 billion by 2032, exhibiting a CAGR of 17.9% from 2023 to 2032. High-performance computing (HPC) technology is used to process massive multi-dimensional datasets (big data) and solve complex problems at extremely high speeds. The market is anticipated to expand significantly during the forecast period owing to an increase in the need for flexible computing services and advancements in virtualization. The GPU segment held the highest market share in 2022, accounting for nearly three-fifths of the global high performance computing (HPC) chipset industry revenue.