I don’t think the situation is that dire for Intel. AMD was in a much worse competitive position not that many years ago. An industry wide slowdown will affec

I don’t think the situation is that dire for Intel. AMD was in a much worse competitive position not that many years ago. An industry wide slowdown will affect all companies mentioned in the article. Intel has over $25B cash on hand and history has shown investors are willing to let companies (ie Uber) lose many billions every quarter for a long term return. AMD and Intel have been flip flopping on who creates the best cpus for decades. I’m sure that has been the result of a mix of great engineering talent as well as luck during R&D. I have no doubt this battle is going to continue for many more decades.