With a 32GB card well below 1000$ it would sell like candies for anybody doing anything AI-related that's not training (you can easily run inference and fine tuning on such a card).
But it would massively eat in their data center sales which is what executives and investors want to see.
It's a tragedy because such a card would get a lot of love and support from amateurs to make it work great in the ML/AI context and thus improve their data center offerings long term.
So this is gonna end up in the same fashion AMD turns: it will disappoint or be ignored by most gamers cuz it has less brand power and no DLSS, and AMD will still disappoint at the data center level.
https://www.techpowerup.com/gpu-specs/radeon-pro-w7900.c4147
I really would like to upgrade from my 2070 Super but I'm not getting a 16GB card now just to buy another one with 32GB later on.
https://www.techpowerup.com/gpu-specs/radeon-pro-w7900.c4147
The denials are probably more saying that there will be no consumer targeted 32GB version than that there will be no 32GB version at all.
Then again, if the tokens/s of digits is comparable to a M4 Max 128GB, then I'm getting a MBP instead.