You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN--(BUSINESS WIRE)--The "Global High Performance Computing (HPC) Chipset Market By Chip Type (Graphic Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA) and Application Specific Integrated Circuit (ASIC)), By Region, Industry Analysis and F" report has been added to ResearchAndMarkets.com's offering. The Global High Performance Computing (HPC) Chipset Market size is expected to reach $12.7 billion by 2026, rising at a market growth of 20.8% CAGR during the forecast period. High-performance computing (HPC) can perform complicated calculations at high speeds and possesses the ability to process large datasets. The method of aggregating computing power is termed as high-performance computing. This technology offers much superior performance than traditional desktop computers or workstations to address big issues in engineering, business, or science. The global high-performance computing market is expected to be driven by many factors such as growing investments in artificial intelligence (AI), engineering, and the Industrial Internet of Things (IIoT), which requires electronic design automation (EDA). Moreover, various hardware providers are consistently investing in creating solutions that enhance these capabilities, which in turn, expected to augment the growth of the HPC chipset market over the upcoming years. The requirement to maintain consistent quality, combined with the increasing demand for short product development cycles (PLCs), is not possible to manage in real-time without using suitable tools & advanced technologies. The outbreak of the COVID-19 pandemic is expected to considerably impact the global HPC market. The growth of the market has hampered as numerous new ventures & projects across the world have been stopped. In addition, end-use industries are confronting with significant challenges due to this pandemic, which may decline the growth of the HPC chipset market. Majorly, manufacturing units & supply chains are disrupted across the world and hence, there is only a temporary impact of the COVID-19 pandemic on the HPC chipset market. Companies Profiled Unique Offerings from the Publisher Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.2 Market Composition and Scenario 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Global High Performance Computing (HPC) Chipset Market by Chip Type 3.1 Global Graphic Processing Unit (GPU) High Performance Computing (HPC) Chipset Market by Region 3.2 Global Central Processing Unit (CPU) High Performance Computing (HPC) Chipset Market by Region 3.3 Global Field Programmable Gate Array (FPGA) High Performance Computing (HPC) Chipset Market by Region 3.4 Global Application Specific Integrated Circuit (ASIC) High Performance Computing (HPC) Chipset Market by Region Chapter 4. Global High Performance Computing (HPC) Chipset Market by Region 4.1 North America High Performance Computing (HPC) Chipset Market 4.2 Europe High Performance Computing (HPC) Chipset Market 4.3 Asia Pacific High Performance Computing (HPC) Chipset Market 4.4 LAMEA High Performance Computing (HPC) Chipset Market Chapter 5. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/9zvci6

Answer: Outlook on the High Performance Computing (HPC) Chipset Global Market to 2026 - Key Industry Analysis and Forecasts - ResearchAndMarkets.com