Year-over-year, overall GPU shipments are down about 25%, and this includes standalone GPUs as well as GPUs in desktop and notebook PCs. This is the largest drop in GPU shipments since the 2009 recession. JPR President John Peddie said, "The third quarter is typically the strongest time of year for GPU and PC suppliers."
"Even though suppliers had revised downward in Q2, results were well below their expectations.
On top of that, GPU installations were down 6% from the previous quarter, meaning that fewer people are buying systems (laptops and desktop PCs) that come with discrete or integrated video cards. The report notes that AMD's overall GPU market share fell 8.5%, Nvidia lost about 2%, and Intel rose 10%, probably taking a piece of its rivals' pie with integrated GPUs. Since Q2, Nvidia is the only one of the big three to see GPU shipments turn positive, up 4.7%.
There are many reasons for the decline in GPU shipments: the report points to a decline in GPU crypto mining (open in new tab), US sanctions against China (open in new tab), and Covid-related supply chain issues as the main factors Nvidia is the only one to have shipped more GPUs than RTX 2060 ( Open in new tab) and even reportedly halted production of three other budget GPUs. [In general, Q4 shipments will be down, but ASPs [average selling prices] will be up, supply will be good, and everyone will have a nice vacation.
Comments