Intel has already displaced Nvidia in most laptops because its integrated graphics got "good enough". Some OEMs continue to add low-end Nvidia graphics to Intel-based laptops, even though they have the same or less performance than Intel's graphics, simply because they don't want Intel to think they are their exclusive supplier and can raise prices at will.

What this deal will do is allow Intel to become the de-facto leader in the growing "laptop gaming" market, displacing both Nvidia and AMD from that market. AMD had a chance to dominate that market now with multi-core Ryzen CPUs and its dedicated GPUs, but it seems they've just decided to hand that market over to Intel on a silver platter.

Such a huge mistake from AMD. This is why I would rather AMD would be acquired by someone like Samsung or Broadcom to give AMD the money it needs than do stupid deals like this one with Intel because it's so strapped for cash.