Intel isn't as diversified and MS or Apple. Intel used to have a de facto monopoly on hardware because migrating away from x86 was very costly and offered no b

Intel isn't as diversified and MS or Apple. Intel used to have a de facto monopoly on hardware because migrating away from x86 was very costly and offered no benefits. But now there are tangible reasons to move away from x86. The industry spent the last decade doing the heavy lifting to make their software cross platform, which has allowed companies to not only easily move from x86, but to also create completely custom hardware. Intel's customers are also their competition. I will be seriously impressed if Intel manages a pivot, because, as far as I can tell, they don't have a secondary business to fall back on.