- Nvidia’s 94% market share transforms GPU landscape.
- Disrupts AI, crypto, supply chains.
- Rising costs threaten mining decentralization.
Nvidia achieved a substantial 94% share of the global discrete GPU market in Q2 2025, according to data from Jon Peddie Research, outpacing competitors AMD and Intel.
Such dominance impacts GPU pricing for AI and crypto sectors, influencing hardware supply chains and decentralized applications in blockchain networks.
Nvidia achieved a record 94% share in the discrete GPU market in Q2 2025. This unprecedented level of concentration marks a significant shift in industry dynamics, affecting market players and reshaping hardware supply chains, with potential effects on GPU pricing.
Nvidia, under the leadership of Jensen Huang, now dominates. AMD, with Dr. Lisa Su, holds the remaining 6%, while Intel is absent. Jon Peddie Research highlights this concentration, noting impacts on AI and blockchain workloads.
Impact on Sectors
The dominance affects the AI, crypto, and blockchain sectors, driving up add-in board costs. Crypto miners face higher operational expenses, as GPU prices soar. Nvidia’s share alters supply chain dynamics, limiting access to crucial AI infrastructure. Investors may reassess their portfolios, considering the financial impact of increased GPU prices. Industry observers also note the potential for regulatory action, as global policies require adaptation to such market shifts affecting technology ecosystems.
Concerns Over Centralization
Developers and DePIN communities express concern about centralization risks. Online forums like Reddit highlight anxieties over entry barriers. There’s unease over higher costs discouraging new decentralized services and concentrating existing operations. Historically, tight GPU supplies raised costs in past cycles, impacting cryptocurrency networks like Ethereum Classic. With Ethereum’s PoS shift, newer GPU-dependent chains like Ergo and platforms like Render Network face operational pressures. These trends could reshape decentralization in mining and computing services.
“AIB prices dropped for midrange and entry-level, while high-end AIB prices increased, and most retail suppliers ran out of stock. This is very unusual for the second quarter. We think it is a continuation of higher prices expected due to the tariffs and buyers trying to get ahead of that.” — Jon Peddie, President, Jon Peddie Research
