The most recent GPU market analysis from Jon Peddie Research (JPR) is painful to read for everyone involved, but especially for Nvidia. After experiencing a spike in earnings during the lockdowns, the industry has been dealing with declining demand this year. The unstable economy along with growing prices is making matters worse.
JPR found that 84 million GPU shipments were finalised in Q2, down 14.9% from Q1. Looking specifically at the 3 GPU companies, AMD shipments were down -7.6%, Intel shipments were down -9.8%, and Nvidia shipments were down -25.7%.
The statistics for discrete desktop graphics cards were significantly worse. Shipments in this area fell by 22.6% sequentially in the next quarter to around 10.37 million models, the cheapest choice anticipated until Q2 2020.
Regarding market shares overall, Intel continued to take the lead thanks to its integrated graphics, increasing its share by 2% to 60%. As a result of Nvidia’s decline (-3.15% to 18%), AMD was able to pass it with a 1.1% gain to 20%.
A weak quarter was also seen in the CPU sector. Shipments of processors have decreased 37.7% over the past 12 months and by -7% during the last quarter. However, tablets discovered that their shipping volume remained constant.
In contrast to the previous quarter, “this quarter had generally detrimental effects for the GPU suppliers,” stated Jon Peddie, president of JPR. “Global issues like the ongoing conflict in Ukraine, Russia’s manipulation of petroleum supplies to Western Europe, and the resultant anxiety these events cause have dampened Europe’s economy.
The United Kingdom is currently experiencing a recession with high inflation. Forecasting has never been more difficult, so when new information emerges, both our projection and others’ will be often altered.
To read our blog on “Nvidia’s GeForce RTX 40 series will be available soon in July,” click here.
