I'm no Intel fanboy, but I think it is too early to speak of Intel's demise. They are still making a lot of money. I mean, AMD only has single digit penetration into the datacentre market, for example, and Intel is still compelling on mobile.

And I suspect the real answer is they set their targets too ambitiously with their new node. Their 10nm was simply too big a jump with too many unproven technologies, with too many unexpected obstacles.

But I wouldn't count them out of the game just yet. They are an aggressively competitive company. They'll be back.