But isnt it also an matter of Intel being an giant in comparison to AMD and hence having an giant (Intel) vs an giant (Nvidia) being an much better competitive position?... Intel has a lot more resources at their disposal to actually give Nvidia a good fight, atleast a better one than AMD.
Sort of.
Intel has shrunk compared to what it used to be. However, what has happened in that time is they have learned a lot, and they have really opened their ears and listened to what people want. It was quite probably the biggest tech humbling ever to happen, but yeah it happened.
AMD does not want to compete with Nvidia. That is now clear to see. Firstly they easily could. Mostly because the 7900XTX is absolutely miles from what it could be. I mean, like 30% or more of it is missing. They said it was because they did not want to make £1800 GPUs but I don't believe them. I don't believe them at all. The new AMD 7000 series use older nm dies wrapped around a smaller one to save them money. So I don't believe that any of their GPUs could ever cost £1800.
What they have also done, and is the absolute tell tale? they have put their profit margins up to the same as Nvidia. What I mean is, they now earn 70% on top of everything they have made and sell, the same as Nvidia. Even though you know? they are not Nvidia. RTG is absolutely tiny in comparison, and they really are taking the biscuit. Like I said, they are not competing. At some point they just gave up, and said "If you can't beat em? join em". And thus they are being equally as greedy as Nvidia. Sure they sell a lot less, but they have just turned their GPUs into a milking exercise, with no care for their reputation or the gamers.
Intel on the other hand? yes they have the money. If at some point they can fab their own GPUs? they WILL bring the fight to Nvidia totally. Nvidia can not fab GPUs themselves, and thus have a middleman (being TSMC). Intel? can cut that out, cut out that cost and sell to you directly. Also, if they even so much as charge 30%? which they are clearly doing on their ARC ones now?* then it is win win for us.
* IDK what Intel are earning per card sold. But I can tell you now, it ain't 70%. Their dies are pretty bloody big, and they are also paying TSMC. So it is probably 30% or heck, maybe even less than that.
But you are correct in a way yes. Intel have the means, and they have the clout, and they have the will to bring the fight to Nvidia. Whereas AMD? have just whimpered in the corner shoving donuts into their fat faces.