SEALSQ RISC-V Chips Adoption is Predicted to Get AI Boost Making it a Viable Competitor to Traditional GPUs
SEALSQ, a pioneer in RISC-V AI processors, predicts significant market growth for its RISC-V technology by 2030, capturing nearly 25% of the global market share. SEALSQ's RISC-V chips are expected to revolutionize the microchip industry, driven by AI and machine learning demand. The company plans to release engineering samples in late 2024 and launch production-ready chips by Q3 2025. RISC-V's open-source nature allows customization for specific AI workloads, offering cost and energy efficiency over traditional GPUs. The secure microcontroller market is anticipated to grow to $2.2 billion by 2026, while the trusted platform module market could reach $6 billion by 2035. SEALSQ's advancements position it as a key player in the evolving microchip landscape, with new chips undergoing testing for AI recommendation systems and quantum-resistant security.
- Projected 25% global market share for SEALSQ's RISC-V chips by 2030.
- RISC-V market expected to expand at a CAGR of 73.6% per year through 2027.
- SEALSQ's RISC-V chips offer cost and energy efficiency, ideal for AI applications.
- RISC-V processors can achieve higher performance-per-watt compared to GPUs.
- Robust software ecosystem for RISC-V improving, aiding AI development.
- First commercial version of SEALSQ's RISC-V post-quantum test chip sampling in late 2024.
- Secure microcontroller market projected to grow to $2.2 billion by 2026.
- Trusted platform module market anticipated to reach $6 billion by 2035.
- SEALSQ's RISC-V processors undergoing testing for AI recommendation systems.
- RISC-V's open-source and customizable architecture promoting innovation.
- First engineering samples of SEALSQ's RISC-V chips will only be available in late 2024.
- Production-ready RISC-V chips from SEALSQ not expected until Q3 2025.
- RISC-V technology still in early adoption phase, competing against established GPU market.
Insights
SEALSQ's adoption of RISC-V technology signals a significant shift in the microchip industry, primarily due to its open-source nature which allows for extensive customization. This is particularly important for AI and machine learning applications that require specific optimizations. Unlike traditional GPUs, RISC-V processors can be tailored for specific AI workloads, potentially providing superior performance and energy efficiency. As more developers contribute to this open-source ecosystem, the pace of innovation is likely to accelerate.
Additionally, the ability to avoid licensing fees associated with proprietary architectures will lower costs, making advanced AI technologies more accessible to startups and smaller entities. This democratization of technology could foster more competition and rapid advancements in AI hardware. For energy-sensitive applications such as edge AI and mobile computing, the performance-per-watt efficiency of specialized RISC-V processors makes them a compelling alternative to general-purpose GPUs.
In the long term, the scalability of RISC-V—from low-power cores for edge devices to multi-core systems for data centers—positions it well to capture a significant market share across diverse applications. The open nature of RISC-V also encourages a collaborative environment, promoting the rapid development of new features and improvements that can keep pace with the evolving demands of AI technologies.
From a financial perspective, SEALSQ's announcements highlight strong growth potential. The projections of securing
The anticipated growth in specific market segments like industrial IoT, automotive and secure microcontrollers further underscores the broad applicability of RISC-V technology. The secure MCU market alone is expected to grow to
However, investors should be cautious about potential risks such as delays in product development and certification. The projected timeline for engineering samples and production-ready chips stretches into late 2024 and 2025, during which market dynamics could shift. Staying abreast of competitors' advancements and market trends will be important for assessing SEALSQ's long-term financial health.
Geneva, Switzerland, May 24, 2024 (GLOBE NEWSWIRE) --
RISC-V technology is revolutionizing the microchip industry, challenging established giants and paving the way for transformative changes. By the end of 2022, the industry had already embraced over 10 billion RISC-V cores, with thousands of engineers globally contributing to RISC-V projects.
Geneva, Switzerland - May 24, 2024 - SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, and a pioneer in high-performance RISC-V AI processors, today announces the breakthrough adoption and future potential of its RISC-V technology. Projected to secure nearly
SEALSQ is recognized as a leading innovator in the development of high-performance RISC-V AI processors and secure microcontrollers. The Company's commitment to leveraging open-source technology and adhering to the highest security standards positions it as a key player in the evolving microchip industry. SEALSQ's mission is to deliver cutting-edge solutions that meet the demands of AI, machine learning, and quantum-resistant security.
“Since the adoption of a RISC-V architecture, our R&D has been able to add our 25- year experience of countermeasures against side channel or intrusive attacks and sensors for designing a new generation of Secure Element roadmap,” said Jean-Pierre Enguent, SEALSQ France R&D VP.
SEALSQ's adoption of RISC-V, will materialize with a First engineering samples in late 2024 and a Certified Ready for production in Q3 2025.
Since its first introduction in 2010, RISC-V is experiencing rapid growth. According to research by Semico, the RISC-V market is expected to expand at an impressive CAGR of
RISC-V, an open-source instruction set architecture (ISA), is poised to challenge the dominance of powerful GPUs in the AI landscape. RISC-V's open-source nature allows developers to tailor the architecture to specific AI workloads. This means creating specialized processors optimized for particular AI tasks, which can outperform the general-purpose nature of GPUs. Additionally, developers can add custom extensions to the RISC-V ISA, crafting domain-specific accelerators that handle AI computations more efficiently.
RISC-V reduces development costs since it eliminates the licensing fees associated with proprietary ISAs used by traditional GPUs. This cost-effectiveness is particularly beneficial for startups and smaller companies. Moreover, custom RISC-V chips can be designed with only the necessary features, avoiding the extra costs linked to unused functionalities found in generalized GPU architectures.
RISC-V processors can be optimized for energy efficiency, making them ideal for AI applications that require significant computational power while managing power consumption, such as edge AI and mobile applications. By designing RISC-V processors with specific AI accelerators, they can achieve higher performance-per-watt compared to general-purpose GPUs, making them suitable for energy-sensitive environments.
RISC-V’s modular approach supports scalable designs, ranging from small, low-power cores for edge devices to large, multi-core systems for data centers. This scalability allows for precise performance matching to various AI applications. Furthermore, RISC-V cores can be integrated into heterogeneous computing environments, working alongside other specialized processors to provide a balanced and efficient AI processing platform.
The open nature of RISC-V fosters a collaborative environment where innovation thrives. This can lead to the rapid development of new AI-specific features and enhancements, keeping pace with evolving AI technologies. The RISC-V ecosystem is expanding, with increasing support from hardware and software vendors, which can drive broader adoption and further innovation in AI processing capabilities.
The advancing software stack for RISC-V is improving, with growing support for AI development tools, libraries, and frameworks. This robust software ecosystem helps developers efficiently implement AI solutions on RISC-V processors, making it a viable competitor to traditional GPUs. RISC-V’s customization capabilities, cost and energy efficiency, scalability, and fostering of innovation position it as a strong contender against powerful GPUs in the AI domain. As the RISC-V ecosystem continues to grow and evolve, it could significantly impact the AI processing landscape.
SEALSQ has positioned itself at the forefront of this revolution with its high-performance RISC-V AI processors. These processors, currently undergoing testing by early partners, are designed to compete with powerful GPUs in AI recommendation systems. The open-standard instruction set architecture of RISC-V allows developers to customize and optimize CPUs for specific applications, fostering unprecedented innovation and collaboration.
SEALSQ has achieved a significant milestone with the development of a RISC-V post-quantum test chip. This chip aligns with the highest security standards, such as Common Criteria EAL5+ and NIST-FIPS, and is capable of running quantum-resistant cryptographic algorithms. The first commercial version of this new platform is set to start sampling in late 2024. It will comply with the widely-recognized TPM 2.0 standard, catering to diverse secure chip market segments, including IoT, automotive, healthcare, and smart energy applications.
Between 2024 and 2030, RISC-V-based chip shipments are expected to increase by
The secure microcontroller (MCU) market is expected to grow to US
SEALSQ's innovations are set to redefine industry standards and market dynamics. The RISC-V architecture's scalability, energy efficiency, and customizable design make it a versatile solution for a wide range of applications. With thousands of engineers globally contributing to RISC-V projects, the architecture is poised to foster unparalleled collaboration and drive future-proof innovations.
About SEALSQ
SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks.
For more information please visit www.sealsq.com.
Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to implement its growth strategies; SEALSQ’s ability to generate revenue from emerging new semiconductors; SEALSQ’s ability to generate revenue from Matter certification and the new cyber trust mark standards; the successful introduction of the WISeSat picosatellite constellation; SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.
SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
Press and investor contacts
SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com | SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +212 836-9612 / kmurphy@equityny.com |
FAQ
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