In light of Gamers Nexus video today "COLLAPSE: Intel is Falling Apart" here:https://www.youtube.com/watch?v=cXVQVbAFh6I
I wanted to remind everyone that in 2015 Intel laid off thousands of workers and then engaged in discrimination to in order to spend millions on "Diversity" goals: Intel Allocates $300 Million for Workplace Diversity https://archive.is/LvtO3 and https://archive.is/trAnL
Now that Intel wasn't making stock market gains fast enough they booted Gelsinger and now we get to watch it burn.
Intel sealed its fate when Apple asked to collaborate with them on ARM chips for smartphones, but Intel refused to develop anything other than x86. They rested on their laurels while AMD slowly caught up and passed them.