The typically strong Q3 was down 10.3% q-o-q for CPU shipments. The overall PC CPU market decreased by 5.7% q-o-a and decreased by 18.6% y-o-y.
The GPU numbers include all platforms and all types of GPUs. Desktop graphics decreased by 15.43%, and notebooks decreased by 30%.
2022-26 , GPUs will have a CAGR of 2.8% and reach an installed base of 3,138 million units in 2026.
Over the next five years, the penetration of discrete GPUs (dGPUs) in the PC will grow to 26%.
AMD’s market Q3 GPU share fell 8.5% q-o-q, Intel’s market share increased by 10.3%, and Nvidia’s market share decreased by -1.87%:
Overall GPU unit shipments decreased by 10.3% from last quarter, AMD shipments decreased by 47.6%, Intel’s shipments rose by 4.7%, and Nvidia’s shipments decreased by 19.7%.
The GPU’s overall attach rate (which includes integrated and discrete GPUs, desktop, notebook, and workstations) to PCs for the quarter was 115%, down -6.0% from last quarter.
Desktop graphics add-in boards (AIBs that use discrete GPUs) decreased by -33.5% from the last quarter.
Q3 saw 0.5% change in tablet shipments from Q2.
GPUs have been a leading indicator of the market because a GPU goes into a system before the suppliers ship the PC.
Most vendors are guiding down for Q4, an average of -0.21%. In Q3, they guided -2.79%, which was too high.
“The third quarter is usually the high point of the year for the GPU and PC suppliers, and even though the suppliers had guided down in Q2, the results came much below their expectations,” says John Peddie, president of JPR, “all the companies gave various and sometimes similar reasons for the downturn: the shutdown of crypto mining, headwinds from China’s zero-tolerance rules and rolling shutdowns, sanctions by the US, user situation from the purchasing run-up during Covid, the Osborne effect on AMD while gamers wait for the new AIBs, inflation and the higher prices of AIBs, overhang inventory run-down, and a bad moon out tonight. Generally, the feeling is Q4 shipments will be down, but ASPs will be up, supply will be fine, and everyone will have a happy holiday.”
