- Global graphics card shipments are expected to fall 30%-40% Q/Q in Q2 due to high inventories, industry sources (likely at Taiwanese OEMs) tell Digitimes.
- Weak Bitcoin-related demand is said to be taking a toll, and AMD and Nvidia (NVDA) have reportedly been pressured to cut GPU prices to boost demand. But both firms are instead opting to focus on cutting GPU shipments.
- Litecoin miners have been a boon for AMD's high-end GPU sales. Nvidia posted a 14% Y/Y GPU sales increase during the April quarter thanks to a mixture of high-end PC, server, and HPC strength.
- The report comes 4 days after Intel hiked its Q2 and full-year guidance, while citing stronger-than-expected business PC demand. However, a large percentage of business PC sales involve systems with integrated GPUs rather than standalone cards.