Can Intel still sell to the Cloud makers
I am biased as have way too much invested in AMD shares.
Maybe Cloud Datacenter expansion will be mainly using AMD servers. Capacity on the existing (degrading) Intel servers can be managed by using pricing to persuade users to move from Intel instances to the AMD instances. The 10%+ discount is a relatively painless way for a CIO to meet budget.
No doubt Intel have some long term contracts with the cloud vendors, although these may be void due to the security issues. I would not be too surprised if Intels market share drops faster than anticipated in the second half of the year.