I disagree. AI is a fad to Intel's business. It's not going to replace the core of what Xeon are used for, which is dumb data entry and processing, it's simply not efficient cost or energy wise.

Intel is in actual trouble, but that's because they can't ration the supply of good x86 on one side because AMD leapfrogged them, and they can't limit high performance highly compatible to x86 anymore because not only did they kill their own x86 rebirth (atom) to save absurd margin, they also denied license to everyone who wanted in so they all went with arm.

Intel is in trouble because if I want a laptop or desktop or server chip I have the choice between a powerful arm not from them or a powerful x86 not from them, or their chip that uses twice the energy of the competitor and now it turns out they melt themselves.

In addition Intel has never been able to build the ultra-small EUV geometries that TSMC can, and they got "Boeinged" by shifting from an engineer-driven culture to an MBA-driven culture.

My heart will not bleed for their demise.

I would also mention Intel seems to have had more performance problems mitigating spectre and meltdown, among others.

Lol not competitive cost or efficiency wise is what people said about the iPhone compared to blackberry, and here we are - people bought them anyway.

Not trying to argue with you just a funny parallel. I don't really have a horse in this race but it’s clear there’s a lot of uncertainty out there for intel right now.