Catching up in this space requires a significant, sustained investment over multiple years and competent software engineers. It's not a simple thing for a hardware company to suddenly become competitive with Nvidia in AI/ML.

Instead, they've been going after the CPU market (and winning), HPC/scientific computing (high FP64 performance, in contrast to Nvidia's focus on low-precision ML compute), and integrating Xilinx.

However, I agree that it's an unfortunate situation, and I hope AMD becomes competitive in this space soon.