The very second someone else but Apple brings a competitive ARM desktop CPU to the market, it's game over for Intel. x86_64 literally cannot compete with modern ARM designs simply because of how much utter garbage from about thirty years worth of history it has accumulated and absolutely needs to support in the future because even the boot process still requires all that crap, whereas ARM was never shy about cutting out stuff and breaking backwards compatibility to stay performant.
The only luck that Intel has at the moment is that Samsung and Qualcomm are dumpster fires - Samsung has enough problems getting a phone to run at a halfway decent performance with their Exynos line and Qualcomm managed to completely botch their exclusive deal with Microsoft [1] (hardly surprising to anyone who has ever had the misfortune to have to work with their crap). A small startup that is not bound by ages of legacy and corporate red tape should be able to complete such a project - Annapurna Labs have proven it's possible to break into the server ARM CPU market well enough to get acquired by Amazon.
[1] https://www.xda-developers.com/qualcomm-exclusivity-deal-mic...