> Intel as an organization is finished

this will age poorly.

Intel is already fighting back strongly and really only had 1-2 iterations where they weren't in some ways the performance kings. They'll be back, fabbing their own chips, while AMD and others pay TSMC to make them, and intel will make massive profits.

Intel 12th and 13th gen competes with AMD on performance and price and its still using yet another 10nm finfet process while AMD is using TSMC's latest whatever.

none of this is indicative of a 'finished' organization. It's just not quick, because nothing in basic research and chip design is quick.