> awfully incompetent mega corporation That overstates how bad it is. Over time, it feels like they slipped to being a year or two behind in both fab and chip

> awfully incompetent mega corporation That overstates how bad it is. Over time, it feels like they slipped to being a year or two behind in both fab and chip design, and it didn't become apparent until ~3 years ago. The reason it's not that bad is Intel rushed out some chips that are competitive with AMD chips, and despite their process difficulties, there are still only a handful of companies that can make these chips. What's actually bad is that they lost Apple. It motivated a lot of places (including Microsoft) to seriously look into ARM.