Global asset manager Robeco's analysis suggests government-led Sovereign AI will extend memory demand, with Gartner projecting 35% of nations adopting Sovereign AI by 2027, up from 5%. Goldman Sachs forecasts HBM demand for ASIC-based AI chips to surge 82%, comprising one-third of the market, while UBS projects the manufacturing equipment market to grow to $250 billion by 2028.
National-level Sovereign AI initiatives are creating a second wave of full-stack hardware demand, extending the memory supercycle and driving redundant datacenter investments.