Both are objectively true, though. IFS would finally stand on it's own legs with a customer at Apple's scale, and Intel has the required IP and know-how to provide a stopgap RISC chip to embedded and datacenter customers that Apple usually ignores.

The "nightmare scenario" of Apple buying out the entirety of 14A to fabricate ARM chips is more-or-less what Pat Gelsinger spent his tenure trying to arrange.