[khyryk]

Xe-HPC wasn't a risk-averse design, nor was Arc, nor was Alder Lake, nor was Sapphire Rapids. The only problem is that Xe-HPC is nowhere to be found, Arc was delivered 2 years late and buggy, and Sapphire Rapids was at least 1 year late; only Alder Lake delivered on time and without major problems. Thus, the problems came from poor execution.

Look at Intel's projected node schedule, it's very aggressive. Show me the risk aversion there. The problem is that it's difficult to achieve that schedule without problems, and taking into account Intel's history, the market doesn't believe they can do it.