>Intel going fabless is like Boeing ordering aircraft from Airbus. Desperate but temporary. Intel can't cut their core business because everything is build around it. They can fall but they can't quit.

I think it's more like both Boeing (Intel) and Airbus (AMD) buying ordering their planes from say Samsung - a company that is a relatively neutral third party, that has busines from many sources and might simply not prioritize your order due to other more lucrative ones.