Nvidia has multiple advantages.
1. Same software written in PyTorch works across all relatively modern Nvidia chips. With AMD and ROCm that's not the case.
2. M̶I̶3̶0̶0̶x̶ h̶a̶s̶ n̶o̶ F̶P̶8̶ s̶u̶p̶p̶o̶r̶t̶.
3. Comparisons against H100 are always like this:
8x AMD MI300X (192GB, 750W) GPU
8x H100 SXM5 (80GB, 700W) GPU
The fair comparison would be against 8x H100 NVL (188GB, <800W) GPU
And that they never do.4. H100 is 21 month old architecture. MI300X is 7 months. Nvidia moved into new architecture every year pace. AMD is generation behind and must step up the pace. B100 comes out this year.
AMD is getting closer, but don't except them to catch Nvidia in not time.