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Isn’t amd still hamstrung by their size relative to their competitors? At least in different ways than 5 years ago. The latest examples of amd having to choose carefully include them having to choose what products to focus on with their agreed upon capacity at tsmc last year (more zen chips to make gains ops intel, more gpus to make market share gains vs nvidia and or dedicating as much capacity to console apus for Sony and Microsoft. Also seems to be the case when they tried to make a budget gpu and had to settle with strapping laptop gpus to desktop pci cards and suffering heavy derision from gamers because, as I understand from people familiar with the way chips are designed, a design for a new die can cost tens of millions of dollars and amd, unlike intel and nvidia, are still too small to just crank out new costly designs at will.



Chip design cycles are long enough that you could argue they're hamstrung by their size 3 years ago.




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