Core Insights - The 2025 Bay Area Semiconductor Industry Ecological Expo concluded on October 17, 2023, with industry professionals expressing optimism about the semiconductor market's growth driven by strong investments in AI computing hardware [1][3] - The global semiconductor market is projected to reach $781.5 billion in 2025, reflecting a year-on-year growth of 16.3% compared to $683.3 billion in 2024, primarily fueled by data center server demand [3][4] - The packaging market is expected to grow at a compound annual growth rate exceeding that of the overall semiconductor industry from 2024 to 2029, with advanced packaging technologies being a key growth driver [4] Market Trends - The semiconductor market is experiencing a bifurcation, with AI-related products showing significant growth while non-AI products are recovering slowly [7] - The demand for AI computing power is expected to surpass training needs by 2026, accounting for over 70% of total computing power demand [7][8] - The global smartphone shipment volume declined by 0.01% year-on-year in Q2 2025, marking the first drop in six quarters, although there remains resilient consumer demand in the Chinese market [4] Technological Developments - The semiconductor industry is transitioning into a "post-Moore's Law" era, with companies exploring advanced processes, packaging solutions, and new technologies like optical quantum chips to enhance performance [8][9] - The introduction of integrated storage-computing architectures aims to address performance degradation issues and improve efficiency in AI computing chips [9][10] - The power supply architecture in data centers is evolving from 48V to 800V high-voltage direct current (HVDC) systems to meet the increasing power demands of high-performance chips [10]