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Jefferies: Meta AI agent Muse goes viral, AI PCB market size expected to reach $73 billion by 2030, ABF substrate to reach $30 billion.
Jefferies noted in its latest research report that Meta's AI agent, Muse, topped the US iOS App Store free chart within 10 days of its launch, signaling AI agents are moving from niche tools to mainstream consumer products. This has reignited discussions about server CPU demand. The firm projects the total addressable market (TAM) for AI PCBs will grow from $7 billion in 2025 to $73 billion in 2030, a compound annual growth rate (CAGR) of approximately 60%. Concurrently, the ABF substrate TAM is expected to expand from $8 billion to $30 billion over the same period, with a CAGR of about 30%.
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