Because their current market valuation was massively inflated because of the AI/GPU boom and/or bubble?
In rational world their stock price would collapse if they don’t focus on it and are unable to deliver anything competitive in the upcoming year or two
> of the market where they're doing much better than nVidia?
So the market that’s hardly growing, Nvidia is not competing in and Intel still has bigger market share and is catching up performance wise? AMD’s valuation is this highly only because they are seen as the only company that could directly compete with Nvidia in the data center GPU market.
In rational world their stock price would collapse if they don’t focus on it and are unable to deliver anything competitive in the upcoming year or two
> of the market where they're doing much better than nVidia?
So the market that’s hardly growing, Nvidia is not competing in and Intel still has bigger market share and is catching up performance wise? AMD’s valuation is this highly only because they are seen as the only company that could directly compete with Nvidia in the data center GPU market.