Earlier quoted context omitted.
You forgot that Intel bought Nervana Systems last year, right before IDF. They develop custom ASIC processors for machine learning.
Which doesn't necessarily mean anything for Intel's future in machine learning. Intel bought an ARM chip maker before, too, and because of internal conflict of interest with the x86 group, it ended-up killing the ARM division. Will the same happen to other non-x86 groups? Who knows. But we also see that even Intel's previous "accelerator" divisions have moved focus to being "CPU-driven" as well (Xeon Phi), so we have…
You don't even have to look that far back. As recently as two years ago, I remember comments here proclaiming with certainty that Intel would crush ARM because they had finally broken through the power wall.
I think a lot of folks, Intel included, have a strong belief in the inevitability of x86 dominance. But ultimately most of the inherent value of x86 is compatibility with Windows software (and DOS before it). Take that away and a lot of the advantages disappear. (Not to downplay the impressive technical and process achievements Intel has made, of course...)