AI Chip Market to Reach $550B by 2028, Favors Nvidia, Micron, Marvell
ByAinvest
Thursday, Jan 15, 2026 1:35 pm ET1min read
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RBC Capital Markets forecasts the AI semiconductor market to more than double from $220B in 2025 to over $550B by 2028. The firm attributes this growth to leaders like Nvidia, Micron, and Marvell. Tight supply conditions and infrastructure constraints may delay projects, but RBC believes they will help smooth and extend the overall AI spending cycle. Memory is expected to be a critical driver, particularly for Micron, with AI workloads becoming increasingly memory-intensive.
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