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AMD had a solid second quarter

by on13 August 2024


Gained market share in data centre and laptop CPU sectors

AMD experienced another strong quarter in Q2 2024, gaining market share in the data centre and laptop CPU sectors, according to a recent report by CPU number cruncher Mercury Research.

However, Intel increased its share in the desktop market and continues to lead in overall unit sales.

Intel maintained its dominance in the client PC market during the second quarter of 2024, securing a 78.9 per cent market share, while AMD held 21.1 per cent. This result is unsurprising given the strength and diversity of Intel's client product range.

Nonetheless, AMD increased its unit share by 0.5 per cent sequentially and by 3.8 per cent year-over-year. Despite AMD's ongoing success, it is likely to take the company several years to achieve the sales growth necessary to significantly shift the market in its favour, not only because Intel dominates corporate PC sales but also due to Intel's extensive production capacity.

AMD lost a per cent of the market share to Intel in desktop PCs in the second quarter of 2024 and now controls 23 per cent, leaving 77 per cent to Intel.

 Considering that AMD was preparing to release its all-new Zen 5-based CPUs for desktops in August, the company was likely not too aggressive in pushing its previous-generation Zen 4-based offerings, which might explain the slight loss in market share to its rival. Nevertheless, compared to the second quarter of 2023, AMD gained a 3.6 per cent share in Q2 2024, which is commendable.

In the laptop sector, AMD made gains both sequentially and year-over-year. The company commanded 20.3 per cent of x86 laptop processors in Q2 2024, which is a per cent higher than in the first quarter of this year and 3.8 per cent higher than in the same quarter a year ago.

Even the upcoming launch of Zen 5-based Ryzen AI and Copilot+ and the AI PC frenzy are not expected to diminish demand for AMD's existing notebook offerings, prompting PC makers to accelerate purchases of these products. Another factor contributing to AMD's success could be Intel's difficulties in supplying sufficient Meteor Lake PCs.

AMD does not appear to have sold many high-priced Ryzen CPUs. Its laptop CPU revenue share stands at 17.7 per cent, which is below its 20.3 per cent unit market share. Nonetheless, AMD's position improved as it increased its revenue share by 2.8 per cent compared to the first quarter of this year and by a notable 4.5 per cent compared to the second quarter of 2023.

Last modified on 13 August 2024
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