In context: Following a turbulent 2022 and a robust restoration all through 2023, analysts have noticed that the desktop add-in-board market has returned to typical seasonality. Although shipments are barely down in contrast to the final quarter, they continue to be considerably increased than the earlier 12 months. Meanwhile, Nvidia has elevated its overwhelming market share, whereas Intel’s presence has virtually fully disappeared.
Desktop GPU gross sales knowledge from Jon Peddie Research for the primary quarter of 2024 signifies that the market has stabilized after the shocks of the previous couple of years. Although quarter-to-quarter shipments decreased barely, analysts view this as typical for the primary quarter of a 12 months.
Add-in-board shipments totaled 8.7 million items in Q1 2024, down 7.9 % from 9.5 million in This autumn 2023, however 39.2 % increased than the primary quarter of 2023, sustaining final 12 months’s spectacular progress. Individual producers principally mirrored this sample, with Nvidia sustaining its dominance.
Team Green’s market share elevated from 80 % final quarter to 88 % in Q1. The firm’s shipments rose by 0.9 % quarter-over-quarter and 45.6 % year-over-year. Meanwhile, AMD’s share dropped to the place it was a 12 months in the past – 12 %. Intel managed to maintain onto a meager 4 % market share in Q1 2023, a number of months after getting into the desktop graphics sector with the Arc Alchemist graphics playing cards, however has since fallen to lower than one %.
Various tech sectors have skilled vital disruption over the previous couple of years due to elements such as the pandemic, the chip scarcity, and the battle in Ukraine. Desktop AIBs reached historic lows in 2022 and confronted turbulence from the cryptocurrency growth, however analysts predict an industry-wide return to progress heading into the center of the last decade.
AI has dramatically boosted the GPU market, significantly Nvidia. The firm, which manufactures a lot of the {hardware} for coaching massive language fashions, has seen its market capitalization soar from $1 trillion final May to $3 trillion this week, making it extra worthwhile than Apple and almost as worthwhile as Microsoft.
Looking forward within the desktop sector, Nvidia, AMD, and Intel every plan to launch new client graphics playing cards both late this 12 months or early subsequent 12 months. While precise launch dates are nonetheless unsure, Nvidia is getting ready to launch its enthusiast-class RTX 50 sequence “Blackwell” GPUs, AMD is ready to ship mid-range RDNA4 merchandise, and Intel will debut its sophomore Arc Battlemage structure.
