How is Intel dying? Losing a near monopoly is a far cry from dying.
And Amazon's Graviton/armv8 chips aren't going to be competitive for many workloads. If you look up benchmarks you'll see they generally aren't competitive in terms of performance[1].
They'll only be competitive in terms of cost (and, generally, not even performance/cost).
I'm personally pleased that there is more competition but I find that saying Intel is dying to be silly.
[1] https://www.phoronix.com/scan.php?page=article&item=ec2-grav...
And it sure doesn't help that Amazon won't be selling desktop PCs or on-prem servers anytime soon.
Just look at the industry - everyone who is a major player in cloud, AI, or mobile (Apple, Huawei, & Samsung) are now in the chip business themselves. How will Intel grow? And where would this so called scale advantage come in?
Wake up and smell the coffee.