AMD Pushed Intel to an extent that it is now almost dead and running on fumes. And is now after NVIDIA. Good. Really good.
No... Intel is really in
strong financial shape, with healthy revenue numbers -
definitely not running on fumes. They sat up and took notice of AMD, but demand has been so strong that I wouldn't say it's hurt Intel too much.
And the damage inflicted by AMD was really pushing Intel to boost its core counts, which just made their whole manufacturing capacity problems that much worse. AMD
could be giving big customers more pricing leverage, though I'm not sure we've seen evidence of that, in recent Intel financials. However, I don't think Intel has lost a meaningful amount of market share to AMD.
Intel will eventually come back and challenge AMD. Intel will be with us for a
long time to come, although ARM CPUs are finally starting to pose a real threat, as are Chinese competitors and the threat of losing the Chinese market.