The main reason Intel can’t compete is the fact CUDA is both proprietary and the industry standard
Funnily enough this is actually changing because of the AI boom. Would-be buyers can’t get Nvidia AI cards so they’re buying AMD and Intel and reworking their stacks as needed. It helps that there’s also translation layers available now too which translate CUDA and other otherwise vebdor-specific stuff to the open protocols supported by Intel and AMD
Funnily enough this is actually changing because of the AI boom. Would-be buyers can’t get Nvidia AI cards so they’re buying AMD and Intel and reworking their stacks as needed. It helps that there’s also translation layers available now too which translate CUDA and other otherwise vebdor-specific stuff to the open protocols supported by Intel and AMD