Graphics card shipments plummeted to a 13-year low in the third quarter of this year. NVIDIA and AMD have both suffered a steep decline in revenue in the aftermath of the cryptocurrency crash. As already reported earlier, NVIDIA strengthened its position in the market at the expense of the Radeons. By the end of Q3 2022, Team Green accounted for the vast majority of the desktop GPU market with a share percentage of 86%, with AMD dragging itself with a paltry 10%:
Looking at the unit shipment figures, the recent cryptocurrency crash followed the same trend as its 2019 predecessor. Only this time, NVIDIA came out on top with quarterly shipments of 5.93 million in Q3 2022. The last time AMD actually benefitted from the cryptocurrency crash, pretty much doubling its share through 2019.
Following the 2019 GPU market crash, AMD rapidly gained market quarter-over-quarter without letup until 2022. Between Q1 2022 and Q3 2022, Team Red’s discrete graphics card shipments dropped from less than a quarter to under a million for the first time in 13 years. NVIDIA did considerably better than the last crash, with a Q3 shipment figure of 5.93 million. This is nearly a million more than the GPU market crash of 2019.
- Market share and shipment figures from Jon Peddie Research, compiled by TomsHardware.