There was a piece at AnandTech recently that summarised Intel's very successful business model as selling lots of low-margin chips to consumers to ensure reachi

There was a piece at AnandTech recently that summarised Intel's very successful business model as selling lots of low-margin chips to consumers to ensure reaching the right economies of scale, and then making money on high-margin enterprise versions of the same chips. If that's right, and AMD only succeeds at selling lots of the latter, they still have a problem because without those economies of scale the high-margins don't come through either.