Hong Kong stock concept tracking | Global AI PC shipments increase in the third quarter, personal computers usher in upgrades for old devices (with concept stocks)

Data released by Canalys shows that in the third quarter of 2024, global AI PC shipments reached 13.3 million units, accounting for 20% of total PC shipments in the quarter. AI PCs refer to desktops and laptops equipped with chipset or modules specifically designed for AI workloads, such as NPUs. With the increasing supply of such devices, AI PC shipments grew by 49% continuously. Windows devices for the first time accounted for the majority of AI functional PC shipments, with a market share of 53%. Despite the continued push for AI PC adoption through Windows 11 updates and processor roadmaps, a key future challenge will be persuading customers to prepare proactively for upcoming edge AI applications. Canalys' November channel partner survey showed that 31% of partners do not plan to sell Copilot+ PCs in 2025, with a further 34% expecting these devices to account for less than 10% of their PC sales next year. With the end of Windows 10 support looming, the next few quarters will be crucial opportunities to drive the upgrade of a large number of old devices to AI PCs. AI PC related companies: LENOVO GROUP (00992): Reported profits better than expected, with personal computer shipments outperforming peers despite industry declines. LENOVO GROUP announced on Friday that net profit for the quarter ending in September increased by 44% to $3.585 billion, above the average estimate of $3.433 billion. Revenue grew by 24% to $17.85 billion, also exceeding analyst expectations. According to industry research firm IDC, LENOVO GROUP's quarterly personal computer shipments increased by 3% year-on-year, while competitors like Dell and Apple saw declines in shipments. "The market is taking a breather before the year-end buying season," said IDC Vice President Bryan Ma.