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This is a big deal as it kills one of the major vendor lock-ins nVidia has. Gives people much more choice in the products they can buy to achieve their tasks.
AMD now has the secret sauce. Now they need an architecture with proper dual-issue, and even a backport of the CUs onto RDNA3 structures for the RDNA4 lineup would be good, or 2025 RDNA5 would also be good.