NASDAQ:ARRY News 5 January 2026

January 29, 2026, 7:36 AM EST. The hardware artificial intelligence market is forecast to grow from $10.2 billion in 2025 to $12.39 billion in 2026, a 21.5% compound annual growth rate (CAGR), and to $27.1 billion by 2030. Key growth drivers include rising deployment of edge AI devices, demand for low latency processing, scalable AI infrastructure, and energy-efficient AI chips. Leading firms such as Advanced Micro Devices and Nvidia are launching advanced AI chips and making strategic acquisitions to enhance capabilities. Market trends show increasing needs for AI accelerators, expanded AI data centers, and domestic chip production amid shifting global trade dynamics. The surge in global internet users, now at 67%, supports greater use of AI hardware to improve user experience. Major companies involved include Google, Samsung, Microsoft, and Huawei.