[jgunaratne]

Intel has fallen so far behind over the years. Intel's CEO has a business administration background vs AMD whose CEO has a PhD in electrical engineering from MIT. I suspect that has something to do with why Intel has made decisions over the years that have favored short-term financial gains over long-term technology investments.

[detaro]

What long-term technology investments has AMD made that Intel hasn't? Especially ones that are relevant to manufacturing?

This seems very much a "Intel did invest, failed at hard problem, considers buying from someone who succeeded" vs "AMD couldn't afford own fabs, sold own fabs, when formerly-own fabs couldn't afford to develop an upgrade AMD was free to buy manufacturing from someone who succeeded".