Intel is in trouble. They've lost mobile and they're in danger of losing desktop/laptop and cloud. While AMD is some threat there, the much larger threat comes

Intel is in trouble. They've lost mobile and they're in danger of losing desktop/laptop and cloud. While AMD is some threat there, the much larger threat comes from high performance ARM64 cores. Intel would rather see AMD take market share from them than ARM, since at least AMD Ryzen is still an x64 core and will keep the architectural center of gravity in Intel's area. Of course their longer term strategy seems to be to get ahead in areas like quantum and neuromorphic computing. This is going to keep them relevant in the long term, but in the medium to short term they could have difficulties.