I kinda see what you mean.
Steam [1] tells me gamers use Intel by 59:41
Price-performance scatter plots [2] say although Intel isn't battling AMD for the >$1000 threadripper territory, they have some competitive products in the sub-$500 price band.
And while Intel missed out on the smartphone market, I've heard people comparing their N100 CPUs favourable to the latest Raspberry Pi hardware.
Sure, Intel has had major troubles with their next process node. And one of the best performing laptops is ARM-based. But Intel are nowhere near defeated.
[1] https://store.steampowered.com/hwsurvey/ [2] https://www.cpubenchmark.net/cpu_value_available.html#xy_sca...
The sad thing is that, from what I can tell, Intel doesn't have a true planned successor to Alder Lake-N.
It really might be as bad a mistake as not having Intel Isreal's futher development of Pentium 3 would have been. (in other words, no Pentium M, no Core 2 Duo, no Nehalem...)