[johngalt]

It all depends on Zen providing real competition to Skylake. I am skeptical. Even if zen is a killer chip, it will land is a sparse environment. AMD needs a win on CPU and chipset.

Most likely outcome: Zen is decent but not enough to make a dent in intel. At most it pushes Intel's prices down a little.

ARM is the real competitor to Intel not AMD.

[martell]

Unfortunately ARM was bought out so we can't buy shares in them any more.

With news of the windows x64 emulator for aarch64, 2017 should be a very interesting year on the x86 arm battle for sure.

Might be worthwhile picking up qualcomm shares or stock in some other companies that license from ARM.

[johngalt]

I expect ARM to be a threat more as a scorched earth commoditization manner. It's not that ARM chip manufacturers will take over Intel's billions, but instead they will deflate the CPU balloon by allowing cheap and ubiquitous devices that have 'enough' CPU.