Intel had a fructuous Q2 as PC sales recovered, reaching 53.6 million units, up 17% over last quarter but down 33% year-over-year. Net iGPU shipments (CPUs with integrated graphics) rose 14% quarter-over-quarter to 49 million units but declined 29% year-over-year. By 2028, iGPU penetration in the PC market is expected to reach levels as high as 98%.
Intel’s client CPU market share grew by 23% from the last quarter, while AMD’s market contracted by 5.3% quarter-on-quarter. These gains/deficits were well-reflected in the earnings reports of the two chipmakers. Intel reported its first profitable quarter in several months, while AMD saw a drop in overall earnings.
Q2’s increase in client CPU shipments from last quarter is positive and welcomed news in what has been depressing results for that quarter as well as for the last two years. Integrated graphics also increased from last quarter, which is not too remarkable given most CPUs have built-in GPUs. The forecast for next quarter is a cautionary positive. AMD and Intel are guiding upward, albeit modestly.
Jon Peddie, president of JPR
Shipments of all CPUs, both with and without graphics, decreased 23% year-on-year, including desktop CPUs (dropped by 25% YoY) and notebook CPUs (dropped by 22% YoY).
