During Intel's earnings call with investors, CEO Brian Krzanich was asked about the ARM acquisition and what he thinks about the growing competition between the two companies.
Krzanich's answer: competition is good, but we're competing against our own technology.
"There’s always going to be competition in this market. I expect it...it’s always been out there," Krzanich said.
Arrorgance, ignorance, and denial got Intel into the mess in 2006; they continue to do the same 10 years later.