Neither their revenue nor their market share in the space looks like just fine. What exactly in trailing the market for years is “just fine”?
AMD is very far behind, and their earnings are so low that even with a nonsensical pe ratio they’re still less than a tenth of nvidia. No, they are not doing anywhere near fine.
Are hobbyists the reason for this? I’m not sure. However, what AMD is doing is clearly failing.
regularfry
A big chunk of NVidia's current price is a reflection of lacking meaningful competition. So straight comparison isn't quite fair: if AMD started to do better, the gap would shrink from both ends.
AMD is very far behind, and their earnings are so low that even with a nonsensical pe ratio they’re still less than a tenth of nvidia. No, they are not doing anywhere near fine.
Are hobbyists the reason for this? I’m not sure. However, what AMD is doing is clearly failing.