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[English Market Research Report] Computer Microchip Market

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According to Stratistics MRC, the global computer microchip market is expected to reach 26.8 billion USD in 2023 and grow at a CAGR of 12.6% to reach 61.6 billion USD by 2030. Computer chips are also known as integrated circuits, chips, or tiny wafers of semiconductor material. The processors and memory components of the latest digital computers are chips. With advancements in technology, transistors are expected to become even smaller due to nanotechnology, and circuits will become more powerful in proportion. The millions of transistors on a computer microchip act as on-off switches, resistors adjust the current flowing between transistors, capacitors store and release electricity, and diodes stop the flow of energy. Microchips eliminate the need for separate components, reducing the size of computers. Integrated circuits can house more components at a lower cost.

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