The discrete graphics card market continued its recovery in Q4 of last year, as shipments were up 6.8% compared to Q3 2023 and up a whopping 32% compared to Q4 2022, according to a report from Jon Peddie Research. While both Nvidia and AMD grew their sales quarter-to-quarter and year-over-year, AMD's growth was far higher, and its market share is now 19%. The CPU market is also seeing a recovery, with shipments returning to 2022 levels.
While discrete GPU sales saw increasingly high sales in 2020 and 2021 thanks to the COVID-19 pandemic, shipments sharply declined in 2022 — likely due to a globally weakening economy that has seen some countries slip into recession. However, 2023 was a year of recovery for graphics cards sales, and Q4 continued this trend with a 6.8% gain in shipments.
