The really smart bit here though is the LTE capability. If nVidia goes 'all in' on building integrated CPU/GPU/Wireless cores then that puts even more pressure on Intel to integrate or leave the market. Intel has not had a stellar track record with regard to wireless unfortunately.
It is certainly going to be an interesting decade.
If US carriers insist on locking down 4G LTE onto expensive multi-year contract subsidized devces, Intel may not have to worry for another generation. So the real wildcard here is, I think, T-Mobile.
If Intel doesn't get multi-core I wonder how well a design firm that makes chips designed for the rendering pipline fair? What kind of load balancing does CUDA offer? Didn't they implement recursion a few weeks back? Scalar stream processor smacks of the Cray 1.
Intel's lack of understanding has enabled it to catch 75% of market share. 2 years ago Intel demonstrated their understanding by increasing clock-speed when AMD dumped more cores onto their CPUs creating the underwhelming Interlagos.
There are some (specialized) types of computation for which parts made by AMD/ATI and Nvidia are greatly superior. That Nvidia and other ARM licensees have completely taken over the fast growing mobile device market with efficient multicore CPUs with integrated GPUs is really significant to Intel.
Would you like to qualify that statement?