they seem very cooked

I think they have a lot of potential in the dedicated GPU space, but that is a consumer market so profit margins are smaller and they have potential in the low-to-mid-end market so even less margin. It's really sad as the competition there would help consumers.

the sad thing is, it was predictable. Wintel and other monopoly-like deals/situations had removed the need to compete/stay on edge from Intel. They then noticed it too late and made mistakes when trying to course correct/having to much innovation dept to effectively course correct screwed them up big

At the same time AMD again and again re-invented and optimized their development flow and experimented with alternative approaches and did not shy away from cooperating with TSMC and implicitly through that Nivdea and other (sometimes also Intel). Intel on the other hand AFIK got stuck on a approach where they had a edge over AMD but which was seem to have turned out to be somewhat of a dead end.

what is interesting is how TSMC has so far avoided the same kind of trap

- by having competing customers and having deep research co-operations with all the customers they brought competition and innovation back into a monopoly in a round about way like position

- having limited capacity of the newest tech which their competing customers bit for bring in monetary insensitive to innovate

- and them being somewhat of a life line for their country put a lot of pressure onto them to not break their own innovation machine for greed (e.g. by intentionally not expanding the availability of the latest node even when they technically could)

>> I think they have a lot of potential in the dedicated GPU space

I think dedicated GPUs will be dead soon. AMD will beat nVidia with APUs that compete with midrange DGPU in performance with lower system cost. With AI using GPUs we want the shared memory of the APU rather than splitting RAM into two mutually exclusive areas - witness boards starting to use soldered ram in 64 and 128GB configurations. nVidia can't compete without x86 cores and Intel just cant compete for now.