I think Intel is doing relatively well on the software side, given how short a time frame we're talking about. OneAPI is in the same ballpark as AMD and on a better trajectory, I think. They're competing for second place, remember.
The more disappointing thing for me is that they bought like 5 AI startups pretty early on and have basically just shut most of them down. Maybe that was always the plan? See which ones develop the best and consider the rest to be acqui-hires? But I think it's more likely just fallout from Intel's era of flailing around and acquiring random crap.