AI Demand Weighs on PC Shipments as Lenovo Holds Q3 Market Lead

Memory prices rose amid growing artificial intelligence demand, adding pressure to the PC market as buyers delayed purchases. Global shipments fell to 57 million units in the third quarter, down 21% from a year earlier.

Shipments also declined 13.8% from the second quarter. Consumers postponed purchases despite needs to replace older computers and migrate to a newer version of Windows.

Lenovo led the market with 15 million shipments and a 26.3% share, though its shipments fell 23% year over year. HP ranked second with 10.3 million units shipped, down 31% from a year earlier.