AMD Gaining CPU Market Share Over Intel, Says Bank of America

Bank of America reports that AMD is significantly increasing its CPU market share, while Intel faces challenges.

AMD Gaining CPU Market Share Over Intel, Says Bank of America

According to Bank of America (BofA), AMD is making substantial gains in CPU market share, capitalizing on Intel's recent struggles. Leveraging data from Mercury Research, BofA's analysis of Q3 2024 reveals key trends in the CPU market. Intel's PC shipments declined by approximately 3% quarter-over-quarter, while market demand grew by 7.5%, based on IDC's estimates. This allowed AMD to increase its market share by an impressive 15% quarter-over-quarter. BofA attributes this partly to AMD's stronger presence in the Western consumer and desktop markets, compared to Intel's focus on the weaker Chinese and enterprise/notebook segments. Despite shipment discrepancies, both Intel and AMD saw average selling prices (ASPs) rise by around 5% due to the increasing popularity of pricier AI-enabled PCs. Server Market Growth AMD also experienced growth in the server market, with Q3 shipments increasing by 7% quarter-over-quarter and 10% year-over-year. While server ASPs remaine…

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