Uptime Report Research · GPU Data

AMD vs Nvidia Market Share Over Time: AMD Gains on Steam, Loses Ground in Revenue

AMD vs Nvidia market share over time depends on the yardstick. As of November 2, 2026, the Steam survey puts Nvidia at 72.9% and AMD at 18.7% of gaming PCs for October 2026, AMD’s strongest year since at least 2018. In reported data center segment revenue, Nvidia took 87.3% and AMD 6.6% in Q2 2026.

GPU market share on Steam: AMD vs Nvidia, 2019 to 2026

Share of PC video cards in the Steam Hardware Survey’s vendor chart, one reading a month, including integrated graphics. Grey bands mark months when Simplified Chinese exceeded 35% of survey users. Source: Valve, live page and Internet Archive captures. Steam covers gamers who answer the survey only.

Nvidia has stayed between 72.9% and 76.6% on annual medians for eight years, so the movement is small, but its direction since 2024 is clear. The 2026 median of 72.90% is Nvidia’s lowest of any full or partial year since 2018 and AMD’s 18.64% its highest. Since 2019, the single lowest month for Nvidia and highest for AMD was May 2026, at 72.42% and 19.13%. We start in 2019 because earlier readings swing too widely to compare: the chart data we retrieved has Nvidia at 63.16% in July 2017 and 86.29% six months later. Intel fell from 9.82% in 2019 to 7.98% in 2026.

*2026 is January to Oct. We use medians because single months swing with the survey’s sample. The two named-card columns classify Valve’s card names: RX, R-series and HD names as discrete, Radeon Graphics, Vega and 780M names as integrated. They omit cards Valve folds into “Other”, so they sum to less than the AMD column.

AMD’s recent gain is mostly in graphics cards, not in integrated graphics. Named discrete cards rose from 6.57% in 2023 to 9.12% in 2026, while named integrated graphics moved from 3.73% to 4.05%. Over the longer run the picture differs: since 2019 discrete is up only 0.12 points and integrated is up 3.38.

Do not read one month. Nvidia jumped to 84.68% in February 2026 and 83.07% in February 2025, then fell back 11.9 and 8.0 points the next month. In those months Simplified Chinese was 54.6% and 50.1% of survey users, about double the usual level. Across the 91 months with both readings, Nvidia’s share and the Simplified Chinese share have a correlation of 0.79, and each extra 10 points of Simplified Chinese goes with about 2.6 more points for Nvidia. That is an association in one survey, not a measure of Chinese buyers. The same pattern shows up on a smaller scale in September 2026: 75.97% for Nvidia with Simplified Chinese at 31.4%, against 72.92% and 22.0% a month later. Language does not explain every jump: December 2020 reached 83.16% with Simplified Chinese at only 27.9%. Our Linux market share report adjusts the same survey for this language swing.

AMD vs Nvidia in reported revenue: the quarterly ladder since 2019

NvidiaAMDIntel

Label: share among these filers’ reported segments, not market share of all GPUs. AMD and Intel quarters end around March, June, September and December. Nvidia’s end one month later, so its row labelled Q2 runs May to July. Spreading Nvidia into calendar months by simple weighting moves its Q2 2026 share from 87.3% to 86.7%. Intel: DCG through 2020, DCAI as first reported for 2021 to 2023, DCAI on the current definition from 2024. Q4 values are the full year minus nine months.

Intel reported Q3 2026 on October 29, 2026, with DCAI revenue of $7.32B, up 78%. AMD and Nvidia had not filed for that quarter when we retrieved the data on November 2, so the last complete row is Q2 2026. Rerunning our fetch adds the next row.

Data center segment revenue on a log scale, so the smaller companies stay readable. A straight line means steady percentage growth. AMD starts in Q1 2021. Sources: SEC filings.

The crossover points

Is Nvidia losing market share to AMD?

AMD’s share of AMD plus Nvidia, each measure on its own definition. Steam is the median month of each quarter. Data center starts in Q1 2021, when AMD’s segment data begins. Gaming stops at Q4 2025, when Nvidia stopped publishing it. Sources: SEC filings, Valve.

AMD is growing quickly, just not faster than Nvidia. AMD’s Data Center revenue rose 107% in Q2 2026 to $6.72B, which AMD’s chief financial officer said was 58% of company revenue. Nvidia’s rose 117% to $89.02B. The added dollars were $47.9B at Nvidia and $3.5B at AMD. AMD’s year-ago base was also low: its Data Center revenue fell from $3.67B to $3.24B in Q2 2025, the quarter of the MI308 export control. The companies’ own guidance shows no change next quarter: about $13 billion for AMD and $108.0 billion for Nvidia would leave AMD at 10.7% of the pair’s total revenue, against 10.7% now. Jon Peddie Research’s release on all PC GPUs for Q2 2026, integrated included, has AMD up 0.6 points on the quarter, Nvidia up 0.46 and Intel down 1.0, so in that quarter both gained at Intel’s expense.

The fastest visible growth in AI silicon is at neither company. Broadcom reported $16.7 billion of AI semiconductor revenue for the quarter ended August 2, 2026, up 221% from $5.2 billion and covering custom accelerators and networking. Adding it to the three filers lowers Nvidia’s share of data center segment revenue from 87.3% to 75.0%, compared with 76.9% a year earlier. Broadcom has described its buyers as hyperscale partners, the group whose spending we track in our AI capex report. So the case for Nvidia losing data center share is stronger against custom silicon than against AMD.

Market share, Nvidia vs AMD vs Intel: five measures, five answers

Steam is Valve’s published figure, the revenue rows are our computations from filings, and the last row is quoted. None of the revenue rows is market share of all GPUs: AMD and Intel report CPUs and GPUs together, and custom chips such as Broadcom’s are outside all three filers. The secondary reports of Jon Peddie’s add-in board data do not reconcile: Wccftech gives Nvidia 94% for Q4 2025, while Igor’s Lab gives about 90% for Q1 2026 and describes a change of only 0.4 points. We read neither figure from the paid report, so treat them as rough.

What each segment contains, and what cannot be separated

Because the mix cannot be undone, we can only bound the data center result. Nvidia reported Data Center compute of $60.4 billion and networking of $14.8 billion for the quarter ended April 26, 2026, the last time it gave that split. Counting all of AMD’s $5.78B and Intel’s $5.05B as if every dollar were an accelerator still leaves Nvidia’s compute at 84.8% of the three. That floor treats EPYC and other server CPUs as GPU rivals, which overstates AMD and Intel. It also ignores custom chips, which understates the competition.

The gaming comparison ended this year. Nvidia reported Gaming revenue of $3.7B for the quarter ended January 25, 2026 and $16.0 billion for the fiscal year, then moved it into Edge Computing. The word “Gaming” does not appear in its July 2026 10-Q. The closest surviving line is the Graphics reportable segment, $7.92B in Q2 2026, which also includes workstation GPUs. AMD’s Gaming line, $0.78B, is still published, with console chips inside it, as Nvidia’s was.

Most used GPUs on Steam: October 2026 leaderboard

Bars: Oct 2026 share. Navy tick: Oct 2025 share. GeForce names shortened. Colors: Nvidia green, AMD red, Intel blue. Source: Steam Hardware Survey video card page.

The RTX 3060 and RTX 5070 tie for first at 3.78% on Steam’s PC video card page. Steam’s main survey page uses a different base, with Apple chips such as the M2 (2.14%) in its list, and shows the RTX 3060 ahead, 3.62% to 3.56%. 14 of the top 15 are Nvidia cards. The first card from another vendor is Intel Iris Xe Graphics, at number 15 with 1.78%. AMD’s top entry is AMD Radeon Graphics, its integrated graphics label, at 1.75%, and its top discrete card is the AMD Radeon RX 9070 XT at 1.59%. Intel’s top entry is Intel Iris Xe Graphics at 1.78%. Valve groups 8.58% of machines as “Other”, and the named cards add up to 71.1% Nvidia, 13.7% AMD and 5.8% Intel, a little below the vendor chart at the top of this page.

The top three cards each year

Ranked by each card’s median share across the months of that year we could retrieve, excluding Valve’s “Other” row. *2026 is January to Oct.

Nvidia’s concentration risk, from its own filings

Nvidia’s 10-Q lists direct customers above 10% of revenue without naming them. In the quarter ended July 26, 2026, only one crossed the line, at 16%, after three totalling 54% the quarter before and four totalling 61% in the quarter ended October 2025. That measures who Nvidia invoices, a group that includes distributors, ODMs and system integrators, so it does not show that end demand spread out. The same filing says some indirect customers individually reach 10% or more and that one AI research and deployment company contributed a meaningful amount of revenue through cloud purchases.

Customer letters are not comparable between filings. Q4 is not disclosed separately; for full fiscal 2026 the figures were 22% and 14%, for fiscal 2025 12%, 11% and 11%, and for fiscal 2024 13%, plus an indirect customer estimated at about 19%.

Hyperscale revenue, defined as public clouds and the largest consumer internet companies, was $48.7 billion of the $89.0 billion Data Center total in the July quarter, 54.7%, down from 58.8% a year earlier. AI clouds, industrial and enterprise grew 138% against Hyperscale’s 102%. Nvidia recast those lines in that same filing by moving one company into Hyperscale, which raised the April quarter’s Hyperscale figure from $37.9 billion to $43.1 billion.

China revenue exposure

Revenue from China-headquartered direct customers, including Hong Kong, was $7.88B in the July 2026 quarter, 8.2% of the total. That is up from a low of 4.5% in Q4 2025 and well below 21.9% in Q1 2025, the quarter in which the April 2025 H20 license requirement arrived. It does not mean Nvidia is back in China’s data center market: the same 10-Q puts Hopper shipments to China under 1% of Data Center revenue, and Nvidia’s guidance assumes no Data Center compute revenue from China. Its fiscal 2026 10-K, filed in February 2026, says it was “effectively foreclosed” from that market. The filing warns that end customer and shipping location may differ from headquarters, and it does not itemize the rest, so we cannot say what the $7.9B consists of.

Nvidia changed the basis in its October 2025 10-Q, so the two columns are not one series. Where both exist they differ by billions: Q1 2025 is $5.52B by billing and $9.66B by headquarters.

What changed, and when

Latest filings used: Nvidia 10-Q filed Aug 26, 2026, AMD 10-Q filed Aug 5, 2026, Intel 10-Q filed Oct 30, 2026. The Nvidia and AMD rows for Q3 2026 are pending.

What this means for MSPs

GPU sourcing. With about 73% of Steam machines and, on Jon Peddie’s estimate, about 90% of desktop add-in boards, expect most GPU-dependent software in a client estate to be running on Nvidia hardware today. Before quoting a Radeon or Arc workstation, check the application vendor’s certification list. Name the exact card in the quote and the refresh plan, because older models stay in use: the GTX 1650 still held 2.44% of Steam machines in Oct 2026.

Workstation and server pricing. Nvidia’s July 10-Q says Edge Computing grew on workstation sales while consumer PC sales were “tempered by elevated memory and systems prices”. We have not tested how far any of this reaches client invoices, so use measured price series instead: our RAM price tracker and computer price indexes.

Cloud GPU dependence. One supplier held 87.3% of these three filers’ data center segment revenue, and the buyers are concentrated too. For clients renting GPU capacity, ask the provider which hardware and region the contract guarantees, and keep inference code portable where the workload allows it. The power use and construction spending behind that capacity are in our data center statistics.

Frequently asked questions

How has AMD vs Nvidia market share changed over time?

It depends on the measure. On Steam, AMD’s annual median rose from 14.9% in 2019 to 18.6% in 2026 while Nvidia fell from 75.0% to 72.9%. In revenue, AMD’s share of the two companies’ total fell from 49.4% in Q2 2022 to 10.7% in Q2 2026.

Is Nvidia losing market share to AMD?

Among Steam users, slowly: Nvidia’s Oct 2026 reading of 72.9% compares with an annual median of 75.9% in 2023, and AMD went from 15.0% to 18.7%. In data center revenue, no: Nvidia grew 117% in Q2 2026 against AMD’s 107%, from a base about 13 times larger.

What is the GPU market share on Steam?

In the October 2026 Steam Hardware Survey, Nvidia had 72.92% of PC video cards, AMD 18.72% and Intel 7.92%. The most used cards on its PC video card page were the RTX 3060 and RTX 5070, tied at 3.78%. Steam covers gamers who answer the survey, not all PCs.

What is the market share of Nvidia vs AMD vs Intel?

There is no single figure. Steam, Oct 2026: 72.9%, 18.7%, 7.9%. Data center segment revenue among the three filers, Q2 2026: 87.3%, 6.6%, 6.1%. Total revenue among the three: 77.7%, 9.3%, 13.0%. Jon Peddie Research’s desktop add-in board estimate for Q1 2026, as relayed by Igor’s Lab: about 90%, 8%, 1%.

Why do reports say Nvidia has 90% when Steam says 73%?

They count different things. The 90% to 94% figures are Jon Peddie Research estimates of desktop add-in boards shipped in a quarter. Steam counts machines in use, including laptops and integrated graphics, which is why AMD and Intel score 18.7% and 7.9% there.

What is Nvidia’s share of AI chips?

Filings cannot give it, because AMD and Intel mix GPUs with CPUs and custom chips are sold elsewhere. As a floor among these three filers, Nvidia’s Data Center compute revenue was 84.8% in Q1 2026 even if every AMD and Intel data center dollar is counted against it. Adding Broadcom’s $16.7B of AI semiconductor revenue takes Nvidia’s Q2 2026 data center share from 87.3% to 75.0%.

Methodology

References

1. Nvidia, Form 10-Q for the quarter ended July 26, 2026. Accessed November 2026.
2. Nvidia, Form 10-Q for the quarter ended April 26, 2026. Accessed November 2026.
3. Nvidia, Form 10-K for the fiscal year ended January 25, 2026. Accessed November 2026.
4. Nvidia, Form 10-Q for the quarter ended October 26, 2025. Accessed November 2026.
5. Nvidia, Form 10-Q for the quarter ended July 27, 2025. Accessed November 2026.
6. Nvidia, Form 10-Q for the quarter ended April 27, 2025. Accessed November 2026.
7. Nvidia, 8-K earnings release, August 26, 2026. Accessed November 2026.
8. Nvidia, 8-K earnings release, May 20, 2026. Accessed November 2026.
9. Nvidia, 8-K earnings release, February 25, 2026. Accessed November 2026.
10. AMD, Form 10-Q for the quarter ended June 27, 2026. Accessed November 2026.
11. AMD, 8-K earnings release, August 4, 2026. Accessed November 2026.
12. AMD, Form 10-Q for the quarter ended September 28, 2024. Accessed November 2026.
13. Intel, Form 10-Q for the quarter ended September 26, 2026. Accessed November 2026.
14. Intel, 8-K earnings release, October 29, 2026. Accessed November 2026.
15. Intel, Form 10-K for the year ended December 27, 2025. Accessed November 2026.
16. Intel, Form 10-Q for the quarter ended March 29, 2025. Accessed November 2026.
17. Broadcom, 8-K earnings release, September 2, 2026. Accessed November 2026.
18. Broadcom, 8-K earnings release, September 4, 2025. Accessed November 2026.
19. Valve, Steam Hardware and Software Survey. Accessed November 2026.
20. Valve, Steam Hardware Survey, PC video card usage details. Accessed November 2026.
21. Internet Archive, captures of the Steam video card page. Accessed November 2026.
22. Jon Peddie Research, PC GPU shipments release for Q2 2026. Accessed November 2026.
23. Broadcom, 8-K earnings release, June 5, 2025. Accessed November 2026.
24. Igor’s Lab, report of Jon Peddie Research add-in board shares for Q1 2026. Accessed November 2026.
25. Wccftech, report of Jon Peddie Research add-in board shares for Q4 2025. Accessed November 2026.

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