AMD margins are increasing though as a whole.
The big cow is server business that Intel had a larger share for a long time.
The gpu cost today is much higher than it was a few nodes ago, 7nm, 5nm, 6nm is now very costly vs what was previously.
and as we seen, people are actually willing to pay for the fastest cards now which are amd radeon cards.
Next generation rdna3 made with 5nm and 6nm nodes will drive the flagship to $2500 or so but it will be fast also with Ray tracing and rasterization.
The low end $300 and below is basically dead for gpu cards and replaced by apu cpus or such now.
Its why we see $400 cards now that used to be $200.
added costs to make, covid, shortage of components and a increased margin simply push things up.
AMD is no longer trying the price for budget as they cant win that way.
Now with more money they can also make ridiculous fast cards but then the price will be seen as such to.
and people will buy them as we seen with Intel vs amd in the cpu side, amd sells 8/6 to 1 vs intel.
A fact that people refuse to believe was possible only 5 years ago.
Now it is true which many Intel fans still deny btw.
AMD has Aryzen.
Console and then cards like the 6600xt are fast but price wise msrp means nothing in todays market.
The customers that want to make deals need to wait longer now until next generation is coming before prices will drop somewhat.
or as I say, if you OC, can you afford to buy a new gpu to replace it?