They had their chance to pivot and make GPUs 20-25 years ago. Instead they started one in 2008, canceled it, and didn't try again until 2019, which are just hitting the market now.
What kind of fucking retard watches their business get blown up for two+ decades? Intel hasn't had a real leader in a long, long time.
And AMD consistently eats their lunch in performance on the cpu side. If it weren't for their massive OEM near exclusivity contracts, Intel would have been out of business years ago.
Intel though their x86 business would keep them forever.