AMD has recently achieved its largest quarterly increase in desktop CPU market share since 2016, capturing 28.7 percent of the market in Q3 2024, as reported by Mercury Research. This marks a notable increase of 5.7 percent from the previous quarter and a 9.6 percent rise compared to the same time last year.
Desktop Revenue Growth
The chip manufacturer also saw its portion of desktop revenue rise to 27.3 percent, which is 7.7 percent higher than the previous year. This growth indicates strong demand for their premium processors, particularly the 3D V-Cache models and the newly launched Ryzen 9000 series.
Mobile Market Gains
In the mobile CPU sector, AMD captured 22.3 percent of the market, up from 20.3 percent in Q2 2024. Their revenue share in this area also improved, reaching 19.2 percent, a rise from 17.7 percent in the last quarter. Much of this success can be attributed to their Ryzen AI 300-series APUs.
Server Market Success
The server market brought further positive news, with AMD’s share reaching 24.2 percent in Q3 2024, an increase from 23.3 percent year-over-year. Even more noteworthy, their server revenue share climbed to 33.9 percent, up from 31.2 percent in Q3 2023. For the first time, AMD’s data center business surpassed Intel's data center and AI division, generating $3.549 billion, compared to Intel’s $3.3 billion.
Despite this progress, Intel continues to dominate, holding 71.3 percent of the desktop market and 77.7 percent of the mobile segment. Mercury Research noted that Intel attributed its decline in desktop market share to some adjustments in inventory at a client's location, suggesting a potential recovery in Q4 2024.
