Intel cutting fat (layoffs) is not an Intel "in a death Spiral"
Also, he thinks "the only good thing about Intel is that they are providing competition in the GPU space" firstly no.... really just no, not even in the slightest way, Intel are bleeding money from its GPU segment to try and fail to undercut Nvidia and AMD and still not gaining any tangible traction.
You think Nvidia are too dominant, you couldn't be more right about that, you think AMD are not even trying to challenge Nvidia, they are, just not in the way you think they should, you do think Intel are challenging Nvidia and AMD 'whom you now put in the same Nvidia box' in the way that they should while at the same time watching Intel in your words "Collapse" and questioning "why are you collapsing Intel, what are you doing???"
Tech Journalists like yourselves put Nvidia in to the position they are now in, they were the gamers friend, they could do no wrong and everything they did was worthy of high praise, rather than realise your mistake you now look to Intel to fix it and bankrupt themselves in the process. This is why AMD don't do what you want them to do, they watched ATI bankrupt themselves in the same process and now they are watching the same process playout at Intel, the only one who can't see it is you.
How about YOU put more effort in to challenging Nvidia? That is YOUR job.
He is right about one thing, Intel's 14A and their foundry future depends on the success of finding profitable customers for it, Intel themselves don't use Intel foundries, not for their consumer products, even they use TSMC so how do they expect a couple of big players chose Intel over TSMC when even you, Intel, think that's daft?