If you look at graphics performance, AMD already is pretty much on par with Nvidia. All of the math with graphics and ML is largely the same.
The thing that is missing is AMD focusing their software engineers that develop the drivers, and making them put work into RoCM to make it usable across all cards, all driver versions, like with NVIDIA.
That's true. AMD does make some attractive Radeon cards.
However, the real killer feature now is CUDA. Everyone's coding for CUDA, which AMD's hardware doesn't support, so even if they have a GPU that's on par with Nvidia, most libraries still can't make full use of it.
The thing that is missing is AMD focusing their software engineers that develop the drivers, and making them put work into RoCM to make it usable across all cards, all driver versions, like with NVIDIA.