I hope soAMD was also near bankruptcy in 2015. But they recovered just fine under the right leadership.
Intel will come back when they find the right leadership. The government wouldn't allow a monopoly of the x86 CPU market to AMD the same way the wouldn't have allowed it for Intel.
There also one other solution: We move away from x86, already began and ARM gains on both consumer marked and server/enterprise
Apple uses M chips (ARM) in their laptops and even their desktop PCs now too.
Copilot PCs coming with Qualcomm SOC too.
I prefer x86 myself but x86 DON'T NEED TO EXIST "soon"
In 5 years we might see massive ARM marketshare on laptops and even desktop PCs. Just like ARM has 100% marketshare on phones. x86 don't make sense here. Tons of software is written and optimized for ARM.