That's half the story.
For the longest time AMD has been choking on it's own bad decisions. It finally got 14nm fabs and is pulling into it's former glory with the Zen architecture.
Before Zen, Intel had no real reason to compete. With what? CPUs that were years behind their tech, and even then slower? AMD was kept alive by the fact they had a good graphics division, and in some cases had better price to performance than Intel.
Now that the former reigning champion is back in the ring, we will most likely see some more competition as Intel uses it's almost endless wealth to do something against the cry of Ryzen.
It's almost like a scuffle before the end of the world. As Moore's law comes to a close, with the need of a total rethinking of how we produce CPUs, nobody knows what the hell is going to happen. AMD is at the liberty of the fabs they contract, while Intel has all of their production in house. So if Intel comes out with some new way of going smaller, or expanding in some other form, AMD will have to wait for companies like Global Foundries to catch up, which was one of the main reasons for their multiple year slump.
My opinion is from a strange perspective. I still use legacy machines, and so do a lot of people. The microcomputer revolution has been the brightest and flashiest event in human history, and people are still catching up. I'm not sure what I am trying to say, but maybe we will forget about going faster altogether. Maybe we will come back to enjoy the technology we already have. It is my hope, anyways.
What I'm really trying to say is I'm bummed I missed out on Quantum Link and I want them to bring it back (JK)
It's going to be an interesting few decades for those who can make it. We don't know where the human race is gonna go, but there is one thing we all do know. This has happened before, and we have always gone past it. People have said we are going to stop and return to old ways, but we never have, and from an educated point of view, I think we're gonna end up continuing forward the same way we have been.