I'm not even talking about me. I'm talking about AVX-512 being a bad move for them, and they're just continuing the trend with AMX.
How do you even know that? Do you work there?
I don't think it came out of nowhere, but it's one thing to see a market need for matrix arithmetic acceleration, and another thing to decide it belongs in a CPU.
Oh, you mean like Xeon Phi? No, Intel is not perfect. Sorry to show you the hard truth.
Intel is still acting like x86 CPU is the best solution to all problems, in spite of what the Phi showed them.
You're confusing strong financial results with sound strategy. Back in 2000, there were a lot of tech companies that did phenomenally well, just by being in the right market at the right time. Good fortune can cover for a lot of strategic and tactical missteps.