I never said they're dead or dying. They're losing relevance because they're losing their dominant (monopolist) market position (Windows and Office).

If Intel loses their dominant monopolist market position in the processor market but stays relevant in e.g. the GPU, network card, SSD, and what have you business then I (from my consumer PoV not paying too much plus ethical PoV) am happy. But the shareholders would gain far more from a dominant monopolist market position...