This seems to be a good summary of the recent RISC-V conference in China.

Top quotes from the article :

Data shows that by 2022, the cumulative shipment of RISC-V chips worldwide reached 10 billion.

According to Counterpoint Research’s prediction, by 2025, the cumulative shipment of RISC-V processors will exceed 80 billion units, with a compound annual growth rate (CAGR) of 114.9%. By then, RISC-V will account for 14% of the global CPU market, 28% of the IoT market, 12% of the industrial market, and 10% of the automotive market.

According to research firm Semico, the number of RISC-V chips is expected to grow by a CAGR of 73.6% from 2023 to 2027, producing approximately 25 billion AI chips based on the RISC-V, with revenues reaching $291 billion.

Beijing Open Source Chip (BOSC) announced the second generation “XiangShan”, an open-source high-performance RISC-V processor core, which has surpassed ARM A76 in performance… “Nanhu” architecture has completed “productization transformation”… In 2022, two companies have applied “Xiangshan-Nanhu”. One of them has taped out the chips and will receive samples in September this year, and another will tape out in the second half of this year.

The third-generation “Kunminghu” architecture is under development, and its performance can be comparable to ARM Neoverse N2. Xiangshan-Kunminghu has a chance to reach the level of high-performance processor cores of ARM two or three years ago, but it is only in terms of performance. Its area and power consumption, where ARM has a strong advantage, still need to be optimized.