Ok, great we can Intel has **** tons of shady practice history (bribes, false flag within its own compiler to execute slower code on AMD counterparts, same goes to their proprietary math library and some much more), but their fu*k up with new 10 & 7 nm node made them vulnerable to the point that they have to drop a huge chunk of thier profit margin from HEDT and degrade/demote i7 (4c/8t) to i3 or even pentium/celeron position and price point.
AMD scored some of the best deals for HPC with MS (Azure, console 2nd gen in a row) Google (Stadia both CPU & GPU) Amazon (AWS), Netflix (CPU & GPU) Nvidia(! - DGX A100 (which is Ampere based on TSMC 7NM) AI System), few super computer contracts (Lawrence Livermore To Surpass 2 Exaflops) and much more - that's pretty much why TSMC doesn't take more contracts. Nvidia tried to strong arm them by cutting deal with Samsung, but everyone knows that their node is worthless therefore most of their contractors dropped them.
Do you really think that Nvidia should give a AMD room to breathe? Look what happen to Intel,it is still on top in gaming and mobile just because AMD is unable to supply OEM with sufficient amount of CPU & APUs otherwise Intel would be completely pushed away, maybe not entirely, but AMD would regain a significant portion of market share. Intel is really lucky that they have their own fabs which still manages to spit out enough chips in 14nm(++).
Nvidia should flood market with their product before AMD, because AMD doesn't need a GPU to compete with 3090, it's gonna be enough if they get close to or between 3080 and 3090 with reasonable price tag. More over AMD has a really good chance to has lesser problems with supply due to fact that they have stopped production of 1st gen NAVI chips while ago and TSMC yields for AMD chips is around 80% chips with no defects.
This strategy is utter nonsense - we have a great product which we won't deliver (and sell for inflated price (which would greatly impact our gross profit margin) since we face no competition) because we're waiting for our competitor to possibly make a fool out of themselves.