Intel used to be the leader in x86, but today it is losing market share rapidly to the new generation of CPUs and GPUs, especially those using ARM architecture. The Wall Street Journal reports Qualcomm approached Intel about a possible takeover https://www.theverge.com/2024/9/20/24249949/intel-qualcomm-rumor-takeover-acquisition-arm-x86 Qualcomm market cap is $188.18 billion and Intel market cap is 93.19 billion USD. Today Intel stock surges on potential Qualcomm takeover news. I guess an end of ear is ahead.
Today, you can easily transition from x86 to ARM using VMs. The ARM CPUs are powerful little machines. I'm comparing this to the early 2000s when the transition could have been hard or wasn't worth the effort. Apple did it successfully. So Qualcomm can do it and slowly kill x86. Or they can let Intel operate as it is without killing x86 line.