Semiconductor chips are driving innovation in technology, healthcare and other industries: Report

New Delhi, April 17: Semiconductor chips are driving innovation across the technology, automotive, communications, healthcare and power industries, a new report said on Wednesday.

According to leading data analytics company GlobalData, these chips, especially those that power artificial intelligence (AI) capabilities, will fundamentally reshape industries and usher in a new era of innovation and efficiency gains.

“The proliferation of generative AI (GenAI) and the companies that follow it has intensified the fierce competition among chip manufacturers to develop semiconductor solutions that can meet the demanding computational requirements of AI applications,” GlobalData's Disruptive Tech said Department Practice Head Kiran Raj.

This report examined more than 50 real-world applications for advanced chips across multiple industries, including automotive, healthcare, power, technology, and communications.

According to Saurabh Daga, associate project manager for disruptive technologies at GlobalData, semiconductor chips are fundamental to the transformation of multiple industries.

“Self-driving cars will be able to revolutionize healthcare by navigating complex environments and deciphering complex medical data to make accurate diagnoses,” Daga said.

“Essentially, these chips not only optimize processes, but also redefine standards of efficiency and accuracy, highlighting their critical role in propelling us into an era of AI-driven innovation. ” he added.

The report said chipmaker Intel has partnered with EV brand Zeekr to introduce a new family of AI-enhanced in-vehicle systems-on-chip (SOC) that will enable various in-vehicle AI applications such as driver and passenger monitoring. .

“Despite integration challenges and supply chain issues, semiconductor chips have immense potential to propel diverse industries toward an intelligent, efficient, and innovative future,” Daga said. he said.

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