Intel is years behind Apple, with no real strategy for catching up. Apple most likely already has the M2 ready, and the M3 under heavy development.

The good news is that AMD is working their butt off on this, and seems to be much closer to Apple in terms of Watts/unit of performance. Intel needs to get in gear, now.

Intel was stuck on the same node for 6 years. Alder lake looks very promising, Alchemist GPUs same. They will have CPU performance crown on laptops in less than 6 months. Power usage will be much better than now. Their 3d stacking strategy is very promising, it will allow for many very interesting SKUs. I wouldn't count them out.

I just bought a new HP laptop with an i3-1125G4.

I just found out that this is a 10nm chip, roughly equivalent to TSMC's 7nm.

Maybe things are looking up for Intel?

M2 was sent for manufacture earlier in the year, if you believe the rumor mill (and to be fair, they were spot on this time around)