If I were Jensen, I would snap up all the GPU software experts I possibly could, and put them to work improving the CUDA ecosystem. I'd also spin up a big research group to further fuel the CUDA pipeline for hardware, software, and application areas.

Which is exactly what NVIDIA seems to be doing.

AMD's ROCm software group seems far behind, is probably understaffed, and probably is paid a fraction of what NVIDIA pays its CUDA software groups.

AMD also has to catch up with NVlink and Spectrum-X (and/or InfiniBand.)

AMD's main leverage point is its CPUs, and its raw GPU hardware isn't bad, but there is a long way to go in terms of GPU software ecosystem and interconnect.