PC GPU shipments hit 61.6 million units in Q2, up 11.6% from last quarter

PC GPU shipments remain resilient despite weak PC sales, as companies focus on clearing inventory and increasing purchases of CPUs.

PC GPU shipments hit 61.6 million units in Q2, up 11.6% from last quarter
Published by Ethan @ PC Game Spotlight 9 months ago

PC GPU shipments reach 61.6 million units in Q2 2022

PC GPU shipments reached 61.6 million units in the second quarter of 2022, declining 27% year on year but increasing 11.6% quarter on quarter, according to research firm TrendForce. Shipments of PCs themselves were weak, but PC makers increased purchases of CPUs and other components, boosting the market. Overall, however, the PC market is still weak.

Despite positive quarter-on-quarter growth, PC GPU shipments saw a decline of 36% year on year. Shipments of discrete desktop graphics cards totaled 6.48 million units, while notebook GPU shipments dropped by 23%. Integrated desktop GPU shipments fell as well, by 33% year on year.

“The weak PC market is the main culprit for the sharp decline in GPU shipments,” says Jessie Cheung, associate research manager at TrendForce. “However, the quarter-to-quarter increase in GPU shipments indicates that demand is still growing, and inventories of old models are gradually being depleted.”

GPU shipments by company

Intel dominates the GPU market with a 68% share, followed by Nvidia with 18% and AMD with 14%. The first two companies saw increases in their GPU shipments. Intel’s shipments rose by 11.7% QoQ, as the company’s integrated graphics products continue to pick up steam.

Nvidia’s shipments increased by 7.5% thanks to the ramp of GeForce RTX 40-series, which are aimed at the mainstream market. AMD’s shipments increased by 22.9% from the previous quarter, with the company’s Radeon RX 7 Series and Radeon RX 8 Series chips powering mid-range and premium gaming laptops.

GPU market expectations

The GPU market looks to be in a better spot than expected, as the previous quarter saw weaker shipments than usual. TrendForce previously reported that the first quarter of 2023 saw 27% year-on-year GPU shipment declines, with an average growth of 9.8% expected for the upcoming quarter.

However, semiconductor companies are still preparing for an average growth of 9.8% for the third quarter of 2023. Average guidance for the previous quarter was an overly optimistic 15.3%.

While demand for GPUs may be growing, PC sales are still weak. Intel says it expects its “PC business to decline as much as 20% in 2022” as the company shifts its focus to other markets. PC sales are expected to decline by between 16% and 19% this year, according to IDC.

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