Damn, first Intel missed out on Mobile, then it fumbled AI, and now it's being seriously challenged on its home turf. Pat has his work cut out for him.
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Intel should be focused on an x86+RISC-V hybrid chip design where they can control an upcoming ecosystem while also offering a migration path for businesses that will pay the bills for decades to come.
To me it seems they just want to keep their lock-in monopoly because they own x86. Very rational albeit stupid, but of course the people who took those decisions are long gone from the company, many are probably retired with their short-term focused bonuses.
edit: https://news.ycombinator.com/item?id=41890779
> Intel could have beaten AMD to the x86-64 punch if the former wasn't dead-set on the x64-only Itanium line of CPUs