Shipments of graphics processors for PCs rose 16.8% quarter-on-quarter in the third quarter of 2023, reaching 71.9 million units, agency analysts calculated Jon Peddie Research. At the same time, CPU shipments fell 5.1% year-over-year, the largest decline in five years.
According to Jon Peddie Research, the compound annual growth rate of GPU shipments will be 4.18% from 2022 to 2026 and by the end of the forecast period, the total number of GPUs in use worldwide will reach 5 billion. In the next five years In the next few years, the share of discrete graphics cards in PCs will reach 30%, experts say.
AMD’s overall GPU market share increased 2.4% in the third quarter of this year compared to the previous quarter. In turn, Intel’s market share fell by 3.7%, while NVIDIA’s market share increased by 1.30%, as shown in the chart below. Here it is important to note that in this case analysts count both integrated and discrete GPUs, which explains Intel’s large share – graphics processors are found in most of its processors.
Overall, GPU shipments increased 16.8% in the third quarter of this year compared to the previous quarter. AMD increased shipments the most, up 36.6%. NVIDIA gained a more modest 25.2%, while Intel gained 10.4%.
Shipments of discrete graphics cards from partners NVIDIA, AMD and Intel increased by a total of 37.4% compared to the second quarter of this year. Total central processing unit revenue increased 15.2% sequentially in the third quarter but declined 6.0% year-over-year.
As Jon Peddie Research notes, the third quarter typically sees the strongest growth in GPU shipments. This year, third-quarter shipments not only rose 16.8% quarter-over-quarter, but growth was nearly double the 10-year average of 8.8%.
“The GPU and PC market has already experienced several turbulent ups and downs: cryptocurrency booms, the 2008 recession, the COVID-19 pandemicsays Jon Peddie, President of Jon Peddie Research. — They all led to a decline in the PC market, and the market always recovered, although not as strongly as before. And each time overly enthusiastic forecasters tried to insert their fantasies and desires into it. The current recovery is no different from the previous one and is overstated if it is largely due to the cleaning and straightening of supply chains. In the last three quarters, graphics cards were sold, although not in the usual quantities and even with price complaints, but still sold. The mistake is to constantly look for sensations. It’s tiring“