The rapid development of AI technology has propelled GPUs to become a hot commodity worldwide, with Nvidia reporting significant growth in the second quarter, exceeding $30 billion in revenue. However, powerful GPUs require adequate data centers to support the AI demand. Nvidia, along with partners, is investing $160 million in Applied Digital to expedite the construction of data centers in North Dakota, aiming to provide data center and cloud services around Nvidia's GPUs. The construction of data centers is crucial, as GPUs are expensive.

At the 2024 Worldwide Developers Conference (WWDC), Apple launched a series of groundbreaking generative artificial intelligence (GenAI) technologies, signaling a new era of intelligent features for Apple users. These advancements not only provide a transformative user experience for Apple users but are also expected to boost sales of the cutting-edge iPhone 16 in the third quarter of the year.

Siltronic expects that the company's sales and profitability will significantly increase in the next five years due to major trends such as artificial intelligence, digitalization, and electric vehicles. The company plans to invest approximately 3 billion euros globally from 2021 to 2025 to meet the growing demand for wafers and wafer-derived products. Siltronic also plans to enhance its production capacity to meet the increasing demand in sectors such as electric vehicles, artificial intelligence, and 5G.