There is absolutely no way intel is going under any time soon. They may drop more but it’s almost certain that they will recover.
I don’t understand a valuation that puts them under AMD given how poor amd’s market share is in the gpu market (which intel is now a new valid competitor in for the budget space) alongside the fact that intel’s cpu market share is higher than AMD by a large margin.
I’m saying all this as a huge AMD fan. I have a 5800x3d and a 6800xt. I made our work standard laptop be amd based as I set the standards for my organization in my work role. I know my choice is the minority choice. Even in datacenter intel has an overwhelming lead.