The custom system-on-chip ASIC market is estimated to grow from $24.24 billion in 2025 to $26.42 billion in 2026, a 9.0% CAGR, and reach $37.62 billion by 2030 at a 9.2% CAGR. Growth is expected to be supported by demand for AI-optimized chips, high-performance computing and expanding 5G networks, along with design automation platforms such as InCore Semiconductors’ SoC Generator. In December 2025, Qualcomm Incorporated acquired Alphawave IP Group for $2.4 billion to strengthen its networking and data center chip capabilities. Asia-Pacific led the market in 2025, while North America is expected to be the fastest-growing region over the forecast period.
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semiconductorsartificial intelligencemergers and acquisitionsQualcomm
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 210.96 |
| Change that session | -0.59% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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