AMD has been competitive on the low-mid range CPUs, and
very competitive on power utilization (mobile devices).
I agree on the drivers though, Nvidia drivers have always worked much better, I've avoided the past 2 generations of AMD graphics because of this. They may have gotten better.
Just upgraded to a GTX 1080 a few months ago when I went back to single monitor (40" 4k) from two 27's... works very well, just needs a little more oomph in gaming at 4k though, next gen should be great at 4k though. I don't really game much, so it's been great for me.
I'm not sure what will come out of AMD, but think they are ahead of intel for integrated cpu/gpu though.