We have 2 companies making x86 CPUs on large scale and 3 working on high-power GPUs.So.... Intel is continuing to buy everything about AMD except the name by buying all their personnel. Not necessarily a bad plan for a company with near unlimited supply of money. But cannot legally right out buy their tiny rival even if their bank account could without blinking.
Where exactly is Intel going to find employees with needed experience? On Mars?
Some people here write stuff like if the only "reality" they had contact with was the second part of VR abbreviation.
Also, there's no proof that Intel runs an aggressive strategy of pulling people out of any competitor.
Maybe you're hoping to work in your current company for 50 years, but most people just change job from time to time. Where would an experienced AMD employee go next? To Walmart?