To understand the failure to march to the new drummer as in switching to AI and smartphone chips, those who remember this can relate:
BlackBerry was a dominant player in the mobile phone market during the early 2000s, known for its secure email services and physical QWERTY keyboards. However, the company failed to anticipate and adapt to the shift towards touchscreen smartphones and app ecosystems initiated by Apple's iPhone and Google's Android platform.
Despite its initial popularity, BlackBerry's reluctance to innovate and its slow response to changing consumer preferences resulted in a significant loss of market share. By the time they attempted to catch up, it was too late, and they were unable to regain their former position in the market.
This may be the plot line for Intel.