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.
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.