On July 17, Andrea Gallo, Chief Executive Officer of RISC-V International, addressed the 5th RISC-V China Summit in Shanghai. Gallo highlighted the significant expansion of the RISC-V architecture into storage technology and high-performance computing (HPC), underscoring its robust momentum and rapid development. Looking ahead, the architecture is poised to penetrate even more sectors. According to a report by SHD Group, the market penetration of RISC-V-based SoC chips is projected to surge from 5.9% in 2024 to 25.7% by 2031, with shipments anticipated to exceed 20 billion units during this period.