The GPU shipments that had been declining since 2020 fell from 120+ million units to less than 60 million units by the end of 2022. That's almost half of the 2020 shipment figures, which have also been the highest since 2014.

As of the third quarter of 2023, the market is back from the dead, witnessing the first positive quarter of the second quarter of 2021 and a rise to 16.8 per cent.  GPU shipments increased to 71.9 million units.  GPUs should have an installed base of 5 billion units by the end of 2026.

AMD saw the biggest increase in the third quarter of 2023 with a 2.4 per cent share increase with a 36.6 per cent shipment increase from the previous quarter. NVIDIA is second with a share increase of 1.30 per cent with a 25.2 per cent shipment increase, while Intel's share fell by -3.7 per cent despite a 10.4 per cent increase in shipments. These figures include dGPUs and iGPUs.

AMD's strong growth was attributed to strong sales in the notebook PC market as this segment saw a big growth in CPU shipments. All of AMD's Ryzen notebook processors come equipped with iGPUs. The same is true for the Ryzen 7000 Desktop CPUs that were also popular in the past few months thanks to the lowering of prices of the AM5 platform.

The GPU’s overall attach rate (integrated and discrete GPUs, desktops, notebooks, and workstations) in PCs for the quarter was 117 per cent, up 1.6 per cent from last quarter.

Desktop graphics add-in boards (AIBs that use discrete GPUs) increased by 37.4 per cent from the last quarter. This quarter saw a 6.1 per cent change in tablet shipments from last quarter.

The overall PC CPU market increased by 15.2 per cent quarter to quarter and decreased -six per cent year to year. For discrete GPUs, which includes AIBs that offer graphics cards, the graphics segment saw an increase of 37.4 per cent from the previous quarter.

Discrete GPUs such as graphics cards are expected to retain a 30 per cent market penetration over the next five years, while the rest of the market will consist of iGPUs.