Global PC shipments fell 21% year-over-year to 57 million units in Q3, marking a 13.8% decline from the previous quarter, according to Counterpoint Research. The sharp drop is attributed to surging memory prices driven by AI demand, which pushed consumers to delay new purchases despite ongoing needs for device upgrades and Windows migration. Lenovo maintained its market leadership with 15 million units shipped, capturing 26.3% share despite a 23% annual decline. HP followed as the second-largest vendor with 10.3 million units, down 31% year-over-year.