AI PCs made up 14% of quarterly personal computer shipments, Canalys says
Aug 13 (Reuters) -AI PCs accounted for 14% of all personal computers shipped in the second quarter with Apple AAPL.O leading the way, research firm Canalys said on Tuesday, as added artificial intelligence capabilities help reinvigorate demand.
WHY IT'S IMPORTANT
PC providers and chipmakers have pinned high hopes on devices that can perform AI tasks directly on the system, bypassing the cloud, as the industry slowly emerges from its worst slump in years.
These devices typically feature neural processing units dedicated to performing AI tasks.
BY THE NUMBERS
Apple commands about 60% of the AI PC market, the research firm said in the report, pointing to its Mac portfolio incorporating M-series chips with a neural engine.
Within Microsoft's MSFT.O Windows, AI PC shipments grew 127% sequentially in the quarter. The tech giant debuted its "Copilot+" AI PCs in May, with Qualcomm's QCOM.O Snapdragon PC chips based on Arm Holdings' ARM.O architecture.
Struggling chipmaker Intel INTC.O also ramped up deliveries of its AI PC chips, according to the report, hoping to capitalize on the push towards producing AI-capable devices.
The introduction of AI PCs is also driving growth in the premium segment, with shipments of Windows PC priced over $800 range growing 9% sequentially.
Lenovo's 0992.HK AI PC shipments grew 228% sequentially, representing about 6% of its total Windows PC shipments in the June quarter.
AI PCs accounted for 8% of HP's HPQ.N Windows shipments, while Dell DELL.N had just below 7% of its Windows shipments represented by AI PCs.
KEY QUOTE
"With a strong foundation now set, AI-capable PC shipments are poised to gain further traction in the second half of 2024," said Ishan Dutt, principal analyst at Canalys.
GRAPHIC
Apple captures majority of AI PC market in Q2'24 https://reut.rs/3yso6On
Reporting by Arsheeya Bajwa in Bengaluru; Editing by Vijay Kishore
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
