The PC market returned to growth – shipments of client CPUs jumped 12% in the third quarter

Shipments of consumer and server processors showed significant growth in the third quarter of 2024, analysts at Jon Peddie Research report. Experts predict that the central processor market will be in the black at the end of this year.

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Overall desktop and mobile processor shipments in the third quarter of 2024 rose 12.2% from the second quarter, for a year-on-year increase of 7.8%, analysts said. The share of laptop processors in the third quarter of this year increased to 30% from 24% in the previous quarter. Desktop chips accounted for 70% of shipments.

Distribution of supplies of mobile and desktop processors

Shipments of server processors increased 10.5% compared to the previous quarter and 2% compared to the third quarter of last year.

IGPU shipments also grew 7% in the third quarter of 2024 compared to the second quarter. On an annual basis, the growth was about 6%.

Usually the third quarter is accompanied by positive dynamics, however, in 2021 and 2022, chip supplies during the corresponding period decreased significantly. Note that in the second quarter of this year, less than 60 million chips were delivered to the market, which is significantly lower than the first quarter, when almost 75 million units of processors were delivered. In the third quarter, shipments reached approximately 70 million chips.

«China has proven to be the leader in the supply of PC processors. At the same time, the bulk of them came from Lenovo. The client PC market continues to bounce up and down, but the sharp growth in the third quarter is welcome news. The benefit, if any, from AI-enabled PCs is still difficult to determine,” commented the head of Jon Peddie Research on the results of the analysis.