Intel's been asleep for a decade. Anyone still remembers how they charged outrageous prices for 1-3% improvements every year during AMD's Bulldozer years? They did nothing in R&D and just kept printing money.

Yeah this is the result of that complacency. Ever since the first Ryzen launched Intel's become more and more irrelevant. If either AMD manages to capture the low TDP and embedded market or ARM improves in compatibility they'll become largely the last choice for anything. They're so damn lucky AMD is fantastic at shooting themselves in the foot.