Back in 2015, they were a quarter or two from bankruptcy, saved by the XBOX and Playstation contracts. Those years saw several significant layoffs, and talent leaving for greener pastures. Lisa Su has done a great job at rebuilding the company. But not in a position to hire 2000 engineers x few million comp (~$4 billion annually) even if there were people readily available.
"it'd still be a good investment." - that's definitely not a sure thing. Su isn't a risk taker, seems to prefer incremental growth, mainly focused on the CPU side.
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