Intel missed the 3G opportunity, and now it is missing the AI compute opportunity. It did manage to do very well with the PC/laptop opportunity for many years, but it could not reinvent itself to keep laptops/desktops relevant to the expectations of the consumers. When you ask the question "What is the next big thing (or the next hero application) in client computing?" nobody can give you a clear and convincing answer at Intel, which is worrying. Client computing ran out of steam with no real beneficial AI compute workloads to justify an AI PC. I think the most sensible pursuit for client devices is "make them energy efficient, make them faster, make them cheaper" moving forward rather than trying to justify why the new & "the glorious" AI PC is so important and will be transformative. Go back to basics, and create a flawless execution pipeline and success may follow. Get the leadership on the ONE thing you are truly good at. Don't try to be a leader in EVERYTHING and get thinly spread. Be realistic, not greedy!
@lio+1sEa5Thi makes an excellent point.