Intel to join Bitcoin mining ASIC market with new chip (bitcoinmagazine.com)

So someone in the know. Is this a false speculative article hyping Bitcoin, and if so when will we see the Coria ponding hike before the predictable fall after the intel makes a release denying it. And how many short positions are going to be liquidated and how high do we expect the thin spike to be?

What does Intel have to offer that AntMiner doesn't? They are way too late into the game and cannot compete on price.

Blogspam. Source is https://www.tomshardware.com/news/intel-to-unveil-bitcoin-mi...

Between Intel entering the GPU market, pricing their 12 series CPUs more competitively, and entering the ASIC miner market I can't tell if this is part of some grander strategy or if they're really just trying everything to see what sticks. Also, with Nvidia and AMD both having released mining specific cards last year and Intels planned foray I can't help but think PoW isn't going anywhere for years to come. Surely nvidia and AMD both know that ethereum devs plan to do away with proof of work by summer?