The video card market continued its recovery in the 4th quarter of last year. Supplies rose 6.8% from Q3 2023 and 32% from Q4 2022, according to a report from Jon Peddie Research. While both Nvidia and AMD increased their sales quarter-over-quarter and year-over-year, AMD grew more and now has a 19% market share.

While sales of discrete GPUs grew in 2020 and 2021 thanks to the COVID-19 pandemic, shipments fell sharply in 2022 — likely due to a weakening global economy that saw some countries slip into recession, Tom’s Hardware reports. However, 2023 was a year of recovery in sales, and the 4th quarter continued this trend, showing a 6.8% increase in shipments. 32% more discrete GPUs were shipped in Q4 2023 than in Q4 2022.

AMD grew faster than Nvidia, increasing its market share to 19%, up from 17% in Q3. AMD’s market share also increased by 7% compared to Q4 2022, which was a very bad year for Radeon graphics cards. According to Jon Peddie Research, AMD’s market share was just 10% in Q3 2022, perhaps the lowest since ATI and its Radeon graphics business were bought by the company in 2006.

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