GPU Shipments Continued To Decline In Q1 2023: NVIDIA at 84%, AMD at 12%, Intel at 4% Market Share

wccftech.com:

Jon Peddie Research has just published the GPU market share results for Q1 2024 which show a big decline in shipments for NVIDIA, AMD & Intel.

According to the report, the overall GPU AIB market saw shipments decline by -12.6% versus the previous quarter and -38.2% versus the previous year. The attach rate did grow by a slight margin of 8% but compared to the previous year, that too declined by -21%. In terms of numbers, the AIBs shipped 6.3 million discrete graphics cards in the first quarter of 2023.

Quick Highlights

In terms of market share, NVIDIA's market share dropped to 84% but still retains the market leadership. Meanwhile, AMD's market share remained flat at 12% while Intel's market share saw growth to 4%.

“Shipments of new AIBs were impacted by turndown in the PC market due to inflation worries and layoffs, and people buying last-gen boards as suppliers sought to reduce inventory levels. With inventory being run down, sales of new-generation boards will pick up, but not until Q3. Q2 is traditionally a down quarter, and the year won’t be any different, but probably not as severe as might be expected,” said Jon Peddie, JPR founder and president.

JPR has been tracking AIB shipments quarterly since 1987—the volume of those boards peaked in 1998, reaching 116 million units. Since Q1 2000, over 2.13 billion AIBs, worth about $490 billion, have been sold.

via JPR

JPR points to this market outlook as a course correction and expects that the second half of this year will be much better since all vendors will have more affordable and mainstream options available for its consumers. NVIDIA recently introduced its GeForce RTX 4060 series graphics cards and has more affordable variants coming out in July. AMD also introduced the