AMD is literally the only company on the market poised to exploit the explosion in demand for GPU compute after nVidia (sorry Intel). To not even really try to break in is insanity. nVidia didn't grow their market cap by 5x over the course of a year because people really got into 3D gaming. Even as an also ran on the coat tails of nVidia with a compatibility glue library the market is clearly demanding more product.
I'm not an expert like you would find here on HN, I am only really a tinkerer and learner, amateur at best, but I think Intel's compute is very promising on Alchemist. The A770 beats out the 4060ti 16gb in video rendering via Davinci Resolve and Adobe; has AV1 support in free Davinci Resolve while Lovelace only has AV1 support in studio. Then for AI, the A770 has had a good showing in stable diffsion against Nvidia's midrange Lovelace since the summer: https://www.tomshardware.com/news/stable-diffusion-for-intel...
The big issue for Intel is pretty similar to that of AMD; everything is made for CUDA, and Intel has to either build their own solutions or convince people to build support for Intel. While I'm working on learning AI and plan to use an Nvidia card, its pretty the progress Intel has made in the last couple of years since introducing their first GPU to market has been pretty wild, and I think it really give AMD pause.
