I see what you are saying sort of...
Intel is the leader and AMD is coming up strong.
I could see that comparision maybe in the Voodoo3, TNT2 days where they were pretty even.
But I wouldn't make that comparision lately. Intel is not in as bad shape as 3dfx was, and AMD hardly has a "GeForce" against Intel's "Voodoo3" the Athlon and P3 are pretty evenly matched. The P4 has a ways yet to prove itself superior...but look at the Pentium Pro vs Pentium MMX..the Pro wasn't much better, but that pro core went on to become the coppermine, the MMX core died at 233Mhz.
I'd hardly say Intel is falling majorly behind AMD to the point where we should expect bankruptcy in the next year.