https://stratechery.com/2018/intel-and-the-danger-of-integration/
Seems that Intel's problem was that it had pigeon-holed itself into designing chips based on an inefficient and outdated design, not so much that processor speeds were reaching a peak. This is a problem of Intel's own making, and if the competition such as Apple can leapfrog it, Intel deserves every bit of what they had coming to them.
Thank you for the link to a fascinating article. I found it very interesting that Intel refused to introduce Ice Lake at 14nm. I think that decision was as much about their overconfidence in their perceived lead over AMD as it was about their overconfidence in their ability to develop and enhance their manufacturing process.
Still, the article's warning about the pitfalls of integration also apply to Apple:
"... what makes disruption so devastating is the fact that, absent a crisis, it is almost impossible to avoid. Managers are paid to leverage their advantages, not destroy them; to increase margins, not obliterate them."
Apple may not be manufacturing CPUs which it designs, but, if Apple shifts to ARM as many expect, it is betting on its ability to integrate its hardware design with its software.