Arc is good, just needs a bigger SKU and another generation.

Intels CPUs are not bad, especially their smaller cores, just sold in stupid overclocked configs. In comparison to AMD, they are are way better than bulldozer was back in the day.

Fabs are behind TSMC but still close. Compute and graphics APIs are a mess but getting better by the month.

Intel is on the brink of being fine if they can just stop the footgunning, canceling, dysfunctional delays and corporate Game of Thrones.