UAE and Saudi Arabia leverage Chinese capabilities to realize AI and semiconductor dreams

The semiconductor market has become the fourth largest market in the world, following crude oil, automotive, and petrochemical products. With a scale of more than US$500 billion in 2023, it is expected to exceed US$1 trillion by 2030. Attracted by the industry’s robust outlook ignited by the Generative AI infrastructure, Middle Eastern countries are diversifying their business portfolios to include the semiconductor and AI industries.
{Categories} _Category: Platforms{/Categories}
{URL}https://www.digitimes.com/news/a20240711PD205/market-semiconductors-saudi-arabia-automotive-cloud.html{/URL}
{Author}Judy Lin{/Author}
{Image}https://img.digitimes.com/newsshow/20240711pd205_files/1_b.jpg{/Image}
{Keywords}Semiconductors{/Keywords}
{Source}Platforms{/Source}
{Thumb}{/Thumb}