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by BeetleB 1116 days ago
> They've been getting piles of money from Ryzen for 5-6 years now

Hardware is very capital intensive. They've not been making much until much more recent. From 2012 through 2017, almost all years were a net loss. They hit $1B net profit only in 2020. I imagine quite a bit of that money went into keeping/accelerating the pace of Ryzen, and paying off debts. Only now do they have more breathing room for other endeavors. If they diverted a chunk of that change to AI, they probably would have a lower performing Ryzen right now.

So no, they did not have piles of money.