The world is very different than when Grove pivoted from DRAMs to CPUs.
Intel had a architectural monopoly and captive high margin process. Combine that with Grove’s and later CRB leadership they leveraged it to process and manufacturing leadership.
Sadly PSO, BK, BS squandered it all. PG is a smart guy and like all ambitious and successful leaders has good drive and a nice dream.
Sadly but Intel has no corner on Grovian culture of paranoia, engineer discipline and all the other fancy adjectives of successful companies.
The competitive landscape in silicon technology and manufacturing is very different from the days of from 852 to 1270 where they had leadership. It is totally different and LTD and and TMG really haven’t a clue about how and what it takes to be successful. The analogies are similar to IBM and computers, Motorola/Nokia in phones. Frankly the only reason Intel hasn’t gone the way of Motorola and Nokia is the captive x86 and AMD is really looking like it could be the Godzilla slayer but luckily for the agnostic view of foundry they likely will welcome Intel and AMD in the same house so Intel can limp along, but they are finished as an stand alone technology leader in semiconductor manufacturing.
They have chance as a design house, but manufacture it is FUBAR