Thank you, Paul. Yole’s estimated TAM is for 2032 (not 2023).
Nvidia’s Q1 2024 revenue was $26bn which is more than a quarter of the way to the $100bn figure from a single company, was the point Kash Johal was making.

“Yole Group estimated a TAM (total available market) of chiplet-based ICs in the consumer, automotive defence, aerospace, industrial, and medical markets in 2023 to be excess of $200bn. The market is already estimated to be valued at $100bn, with Nvidia at $25bn.”