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NVIDIA Crushes Rivals: Secures Unprecedented 90% of GPU Market in Q3 2024
AMD and Intel Struggle as NVIDIA Hits Historic GPU Market Share Domination
finance.yahoo.com
In a historic turn, Nvidia (NVDA, Financial) has once again taken the top spot, with a whopping 90% of the global GPU market share in Q3 2024. This dominance, says Jon Peddie Research (JPR) mascot, is a difficult environment for AMD and Intel competitors. Five years ago, AMD was a minor player in the space, and its share shrunk to just 10%, while Intel has scarcely budged.
Though GPU shipments overall have fallen by 7.9% year over year and 14.5% quarter over quarter, NVIDIA has laid down markers as the leading force in the GPU sector. The fall in graphics has been caused by consumer anticipation for next gen GPUs, namely NVIDIA's RTX 50 series, AMD's RX 8000 series, which have been tipped to rekindle the market.