"Memory consumption is expected to double by the end of the decade and the biggest driver in this is Al. While it's natural to talk about compute and GPUs (graphics processing units) in the context of AI, it is not to be forgotten that the true enabler for AI is memory ... in all the AI engines that we talk about, there is a lot of need to access memory quickly," Anand Ramamoorthy, managing director, Micron Technology India, told Business Standard.
The market size for global semiconductor memory was valued at $104.58 billion in 2022 and the worldwide semiconductor memory market is expected to touch $201.91 billion by 2032, according to a research report published by Spherical Insights & Consulting.
Ramamoorthy said AI was not just restricted to data centres but extended across other electronics goods.
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