Moore’s Law is also dead, so this is not the best timing. Or maybe it is. Ultimately, computing is destined to progress in two opposite directions: cloud and mobile. Cloud providers will become like Utilities and Telecom companies (such as your electrical power and gas utilities, and your ISP/mobile carrier). Their goal is to provide server computing resources as efficiently as possible. It is a world where nobody owns servers or switches except for the cloud and telecom companies. And the cloud companies will build their own, proprietary hardware and virtualization technologies, that will not available for sale. For example Google and Amazon will sell you cloud but won’t sell you their secret cloud hardware or virtualization software (which they already have a lot of), if only due to security reasons. Eventually computing hardware ecosystems and standards may fork into divergent branches (like a Google server with Google CPU and Google interconnects and drivers being totally incompatible with Amazon server/CPU). Due to end of Moore’s Law, hardware will get more and more specialized and varied, which is needed to eek out efficiency and for security reasons.
On the mobile/thin client end, it is basically already embedded computing and specialized hardware. Apple for example already makes their own CPU.
This is bad news for the likes of Intel. They’re in the business of salvaging Moore’s Laws or eventually going the the way of the Polaroid camera.