What you describe is mad inattention to costs, not only to opportunities: maybe a symptom of widespread misaligned incentives (e.g. delivering a design with mirrored chiplets quickly could be more "useful" for an engineer than saving a few millions for the company by taking one more week to design a more complex assembly of identical chiplets) and toxic priorities (e.g. theoretical quality over market value and profits, risk aversion, risk/cost externalization towards departments you want to be axed instead of your own).

Same with the general preparedness for the AGI Cambrian explosion. Give their position, they should have been able to keep pace with Nvidia beyond the data center, and they fumbled it.

Their purported VRAM offerings for Battlemage are also lower than hoped for, which is going to be a turnoff to many buying for local inference.

I think we have too many decision-makers gunshy from crypto mining that haven't yet realized that compute isn't just a phase.