PC Market Recovers as Intel and AMD Foresee Growth from AI PCs

AI-enabled PCs, boasting advanced chips for running large-language models and tech apps, are expected to drive market growth; projected to constitute around 60% of all PCs shipped by 2027, despite concerns over lack of compatible AI applications.

• PC market recovery is evident from the improving earnings of chip makers Intel and AMD.
• AI-enabled PCs, equipped with advanced chips for running large-language applications and apps on-device instead of on the cloud, are expected to drive this growth.
• AMD's PC-focused business posted a strong growth in Q3 2023, its highest in two years, whilst Intel's PC unit experienced its slowest revenue decline in eight quarters.
• Research firms like Canalys predict that AI-capable PCs will constitute approximately 60% of all PC shipments by 2027, with accelerated adoption expected from 2025 onwards.
• Despite optimism, concerns remain regarding the lack of AI applications, seen as a potential obstacle to the adoption of AI PCs. Currently, Microsoft is the only major company offering such applications with its genAI-powered Copilot software.

3 Articles

South China Morning Post Reuters CNA