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Neuromorphic Chip Revolution: $1.32 Billion Market by 2030

11/6/2025

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Summary

Story summary

Tech companies and nations invest in neuromorphic chips to boost energy efficiency.
In the United States, Intel Corporation and International Business Machines Corporation (IBM) lead with Loihi and TrueNorth.
China's Darwin Monkey project shows progress with a system using 2 billion neurons.
The market is expected to grow from $28.5 million in 2024 to $1.32 billion by 2030.
By 2027, about 70% of IoT devices could use neuromorphic chips.

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Story summary

Tech companies and nations invest in neuromorphic chips to boost energy efficiency.
In the United States, Intel Corporation and International Business Machines Corporation (IBM) lead with Loihi and TrueNorth.
China's Darwin Monkey project shows progress with a system using 2 billion neurons.
The market is expected to grow from $28.5 million in 2024 to $1.32 billion by 2030.
By 2027, about 70% of IoT devices could use neuromorphic chips.