porridgeraisin parent
I have quite some hope that the steam machine will fill all the gaps. Yes, they are hit by the cost increase as well, but the scale is completely different when you compare it to the latest beefy nvidia GPU. It has a good chance.
If NVIDIA and AMD aren't making GPUs, who's going to make the GPU for the Steam Machine?
I would very much doubt AMD would step out completely since they are also the IP for most consoles. I would expect that they would continue to at least supply that side of the market.