Good. Finally some Karma is coming after destroying the market and stifling progress for ~11-12 years when AMD was nowhere to be found and ARM was just a pipe dream. Saying this as Intel fanboy for decades. It's happening. I've said when 1st EPYC Zen hit the market: when AMD gains 40%-50% of HPC market share Intel will collapse financially. You can't offset that kind of losses, especially with inferior product line-up.
No company is too big to collapse and Intel better get their collective blue $hit together or someone else will come and replace them. Most likely nVidia vel nGreedia because they have capacity. They also have enough of $ muscles and brain power to change PC forever by removing CPU from the equation and rely solely on GPU units for operation.
Example 1 of Intel stupid investment: they pump money into Israel FABs, in the most dangerous point of the planet. Isn't there other place for this, more safe and stable politically? It's just AIPAC bribery (I've nothing against existence of Israel state, so no funny ideas) nothing more, nothing less. Intel has the capacity to go really, really big in EU, Canada, Australia and they say: Nope let's expand capacity further at front line of the war because it's such awesome place for investment!
Example 2: Intel is planning to refresh Xeon W line to 2500/3500 with same Sapphire Rapids silicone. Why? I mean it would be great idea in 2020. Now it's waste of time given that server segment got Emerald Rapids drop-in refresh which
trounces Sapphire Rapids in every way including
drastic improvements in power efficiency and nearly tripling cache subsystem. Intel on purpose screwing its line up because they don't give an F about customers who purchase their platforms.
Intel right now is running joke of 14nm+++++++++ or 10nm+++++++++ (renamed to something different so it's not so obvious).