Why do you think running after nVidia for this submarket is a good idea for them? The AMD GPU team isn't especially big and the development investment is massive.
Moreover, they'll have the opportunity cost for projects they're now dominating in (all game consoles for example).
Do you expect them to be able to capitalize on the AI fad so much (and quickly enough!) that it's worth dropping the ball on projects they're now doing well in? Or perhaps continue investing into the part of the market where they're doing much better than nVidia?
Do you expect them to be able to capitalize on the AI fad so much (and quickly enough!) that it's worth dropping the ball on projects they're now doing well in? Or perhaps continue investing into the part of the market where they're doing much better than nVidia?