Why is AMD so late in releasing the 7800, 7700, 7600?
It's because AMD is going for the throat against Intel, but not in the way you think.
In addition to the continued stock of the previous gen 6000 series being a concern for them, AMD is also constrained by the fact that they use TSMC for everything they do. Instead of making next gen GPUs, they could be using that same silicon allotment to make more Zen 4 CCDs.
These CCDs are useful not only for making their consumer CPUs, but more importantly, for making their EPYC server line.
Right now, Intel is struggling. Sapphire Rapids has been delayed again and again, and is only just now finally making it to market. In the meantime, AMD has been ramping up EPYC production, and raising their prices on it to boot. And they're doing this because they can sell those parts for way more than any consumer part ever could cost. I see reviewers saying it's a bad idea to spend $700 on a 16 core part. Well, EPYC server chips with 16 cores can easily command twice that and still be seen as a good deal compared to what Intel is offering, and that's before we get to the behemoth 96 core models where $11,805 is seen as a good value option, because that CPU can do what no other can.
If AMD made more 7000 series GPUs, they would be cutting into their ability to make EPYC Genoa chips, which is a bad business move. So, they aren't, and we don't get the newer chips.
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