Semiconductor manufacturer Arm Holdings may be a key player in the rise of "edge AI," according to Morgan Stanley.
Edge AI refers to deploying AI models and machine learning on local devices, such as sensors or Internet of Things devices, rather than on the cloud.
The growing edge AI landscape gives the company opportunities throughout smartphones, auto vehicles and even in AI PCs, said Simpson.
In particular, the rise of chips in auto vehicles is a significant opportunity, Simpson believes, forecasting auto royalties to soar to $1.1 billion by 2030.
"We think of Arm products as fundamental to the successful emergence of edge AI," Simpson said.
Persons:
Morgan Stanley, Lee Simpson, Simpson
Organizations:
Arm Holdings, Edge, ARM