The conversation is also muddied by varying definitions of success and failure. Intel isn't going to go broke in any foreseeable future but they may lose the pr

The conversation is also muddied by varying definitions of success and failure. Intel isn't going to go broke in any foreseeable future but they may lose the premium margins they used to earn for having the best performing product. To the extent fab advantage drove that advantage (likely a big part) and that advantage is not coming back (because they no longer have a scale advantage) then maybe the premium margins will never come back. That's what investors worry about.