According to the Tom’s hardware According to the figures quoted by the market observers from Jon Peddie Research (JPR), fewer graphics cards have recently been sold than they have been for almost 20 years. The total of approximately 6.9 million desktop GPUs sold in the third quarter is the lowest total since at least the fall of 2005, the company said.
AMD continues to fall below the 1 million unit mark
The downward trend affects all areas of the graphics chip industry, but particularly the desktop market, which is dominated by Nvidia. Nvidia alone was only able to sell around 5.93 million desktop graphics cards in the third quarter of 2022, while AMDs only sold around 690,000 units anyway. Intel’s new Arc GPUs are said to have only been sold around 28,000 times.
Desktop GPUs: Sales in millions (Source: Jon Peddie Research)
If you consider that this is a period of three months and that there is usually a significant increase in sales figures in the third quarter leading up to the Christmas business following in the fourth quarter, the decline is extreme. A year ago, Nvidia sold more than 10 million units, while AMD was able to sell around 2.67 million GPUs.
Nvidia’s market share was higher than ever in Q3 2022
Meanwhile, Nvidia has recently been able to significantly expand its market share when it comes to the market for desktop graphics cards. Nvidia therefore had a full 86 percent share of the market for PC graphics chips in the third quarter of 2022 and thus recorded its highest market share ever. AMD plummeted to just about 10 percent – its lowest level in several decades. Intel still managed four percent with its new GPUs.
Desktop GPUs: Market Shares (Source: Jon Peddie Research)
Behind the at first glance lousy numbers, however, there are some details that put the information into perspective. The new graphics cards from the AMD Radeon RX 7000 series and the Nvidia GeForce RTX 40 series have only been available since November, so most customers were still waiting for their introduction in the third quarter.
However, the sharp drop in demand as a result of the Russian war of aggression against the Ukraine cannot be denied. While the overall market including embedded and mobile GPUs shrank 25 percent year over year, desktop GPU sales declined more than 42 percent.
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