According to Jon Peddi research, growth in shipments of discrete videocards might mean the recession is winding down. It’s also good news for AMD, whose graphics market share has been on the rise thanks to a combination of stabilizing pricing and a hot-selling Radeon product line.

This allowed AMD to snag a larger share of the overall market, which increased to 34 percent for the quarter. But it’s not all bad news for Nvidia, who despite slipping four points still owns the lion’s share at 64 percent.

All told, Jon Peddie Research said that 16.81 million discrete videocards where shipped in the second quarter of 2009, which is a 3 percent increase from the first quarter, but still down 15 percent over the same quarter one year ago. But JPR believes the worst is over, noting the numbers “demonstrated some much-needed firmness in Q2′09, adding more evidence that demand has bottomed and a recovery is in the offing.”

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