Back in the early 2010s, when AWS was first starting to go mainstream, Pat Gelsinger and VMWare saw it as a threat. But overtime he Pat realized the cloud was inevitable and pivoted the business to providing key enabling services for cloud computing. My opinion is that Pat has the wrong strategy with IDM 2.0 but he is no dummy and has shown that he's open the change when the market demands it. Over time I believe Intel, under Pat Gelsinger will embrace the fabless model and that will be the beginning of an Intel turnaround. Just my 2 cents.