Honestly i stopped being excited for AMD. Yes they nudged Intel a little bit on the CPU front, but it is more like poking a bear with a stick. On GPU front they just failed. It is new this, new that, revolutionary 7nm, and it is just more of the same. I am really hyped about Intel's GPUs. With their basically unlimited R&D budget they might be the ones who will finally bring Nvidia some trouble.
AMD will be OK, and continue to mingle at mid level hardware. They may be happy to be there, but i doubt they will release a product that would make me want it so badly that i restrain myself from beer.