Global CPU Shipments See 12% Q3 Growth, Driven by China

Global CPU shipments experienced a 12% increase in Q3 2024 compared to Q2, with significant growth driven by China's PC market.

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According to the latest report from Jon Peddie Research (JPR), global CPU shipments saw a significant surge in Q3 2024, marking a recovery from the downturn experienced in 2021 and 2022.

Global CPU Shipments See 12% Q3 Growth, Driven by China

Strong Q3 Performance

The report reveals a 12.2% increase in PC CPU shipments compared to Q2 2024, bringing the total to approximately 70 million units. This is a considerable improvement from the under 60 million units shipped in Q2 and represents positive year-on-year growth of 7.8%. This growth is particularly noteworthy given the significant decline in Q3 of both 2021 and 2022.

Global CPU Shipments See 12% Q3 Growth, Driven by China

China played a major role in this growth, with Lenovo being a significant contributor, according to JPR President Dr. Jon Peddie.

Notebook and Desktop CPU Market Share

The notebook CPU market share increased from 24% to 30% compared to Q2 2024, while the desktop CPU market share remains at approximately 70%.

Global CPU Shipments See 12% Q3 Growth, Driven by China

iGPU and Server CPU Growth

The integrated GPU (iGPU) market also experienced growth, with a 7% increase in Q3 2024 compared to Q2 and a 6% year-on-year increase. This reflects the advancements made by AMD and Intel in iGPU technology. Server CPU shipments also saw positive growth, increasing by 10.5% compared to Q2 and 2% year-on-year.

While the overall trend is positive, the shipment numbers are still below the peak levels of 2020 and 2021. The continued demand for AI and AI-related hardware is expected to further drive CPU shipment growth in the coming year.

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