RISC-V International CEO Andrea Gallo: By 2031, the shipment volume of RISC-V will exceed 20 billion units.

At the fifth RISC-V China Summit held in Shanghai, Andrea Gallo, CEO of RISC-V International Foundation, stated in his speech that the success of RISC-V has extended from the embedded computing field to storage technology and high-performance computing, fully demonstrating the strong momentum of this architecture. RISC-V is progressing rapidly, and the industry will embrace a wider range of applications in the future. According to statistics and forecasts reported by the SHD Group, the market penetration rate of SoC chips based on RISC-V is expected to increase from 5.9% in 2024 to 25.7% in 2031, with RISC-V shipments exceeding 20 billion units by 2031.