In my estimation, Intel has four categories in which it is being outperformed by key competitors:
1. TSMC/Samsung - fabrication
2. AMD/Amazon-Graviton - Cloud Server
3. Apple-M1/AMD - Laptop
4. Nvidia/Amazon - Cloud ML/DL Accelerator
Intel has made giant blunders in the past (e.g. Itanium [1], Atom [2], WiMAX [3]) but I'm not sure that any of these past challenges were equivalent to the current four-front war. I would not count Intel out at this point but it will be several years before we know if they were able to right the ship.
1. TSMC/Samsung - fabrication
2. AMD/Amazon-Graviton - Cloud Server
3. Apple-M1/AMD - Laptop
4. Nvidia/Amazon - Cloud ML/DL Accelerator
Intel has made giant blunders in the past (e.g. Itanium [1], Atom [2], WiMAX [3]) but I'm not sure that any of these past challenges were equivalent to the current four-front war. I would not count Intel out at this point but it will be several years before we know if they were able to right the ship.
[1] https://en.wikipedia.org/wiki/Itanium
[2] https://en.wikipedia.org/wiki/Atom_(system_on_a_chip)
[3] https://en.wikipedia.org/wiki/WiMAX