The semiconductor industry is on track to record exponential growth over the next decade, according to the CEO of Abu Dhabi sovereign wealth fund Mubadala, who said chipmakers are poised to play a “crucial” role in the global economy.
“It took 50 years for the semiconductor business to turn into a half a trillion-dollar business. It’s going to take probably eight to 10 years to double. And it’s going to double right after that, probably in four to five years.$NVIDIA Corp(NVDA)$