Ampere accelerates expansion into telecom networking processors
1 min read
Summary
Ampere is accelerating its move into the telecoms market, in a bid to address the growing performance demands of 5G and edge computing with its energy-efficient processors.
The company has announced new trials with Parallel Wireless, Supermicro, Fujitsu, SUSE and Canonical to offer what it claims is a high-performing system that reduces power usage and lowers total cost of ownership.
The global telecom services market size is set to reach $1.9bn in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2030.
According to Grandview Research, increased spending on 5G technology is a key factor in the anticipated market growth.