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(The "cost structure" of the company is built to support much higher margin chips.")

That is where you got it completely wrong. Intel can produce ARM based SoC that earns nearly the same margin as they are currently selling their CPU.

Not to mention you keep referencing x86 and Intel as the same thing. As the way they are and for the foreseeable future. I could literally bet anything that Intel wont die. Simply because Intel could still be the BEST Fab player you could ever imagine. In terms of State of Act Fabs, they beat TSMC, UMC, GF, and Samsung Combined! And Intel aren't dumb either, that have the best of the best Fab Engineers. And the Resources and R&D that is put now for the coming 3 - 5 years in the future.

So Intel wont die.

x86? That depends. If you look at the die shot of SoC you will notice CPU are playing less and less part in die areas. It used to be 50+%, Now it is less then 30%. CPU, or ISA is becoming less important. You will need a combination of CPU, GPU, Wirless, I/O and other things to succeed.




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