Doesn't make sense for MSFT to skyrocket without Intel being far behind! Wintel, remember? As always, rumors of the death of the PC have been greatly exagerrated. And every tablet needs a cloud infrastructure server powered by Intel for the tablet to actually be useful.
The thing that comes to mind when you look at both Microsoft and Intel from purely the perspective of management is how poorly Microsoft is run. The Windows 8 fiasco is a good example It was generation one software that was thrust upon the corporate market. Had Microsoft had any real competition they would have lost market share. It's a touch interface that really has no place in a corporate environment.
Around the time of the Pentium 4 Intel was a company that was a bit more lost and lacking real direction. Having being beaten into the x64 world by AMD and the smartphone/affordable tablet world by ARM is what has redefined Intel. Today AMD is practically a footnote in the Intel annual report and ARM is feeling the pressure of Intel grow stronger every day as Intel's new fabs get finished.
I know it's customary to draw a comparison between Intel and Microsoft. The amount of product failures from Microsoft is mind boggling. Intel's new product track record is much better. Intel seems to be a company that can cope with changes and redefine itself as the world changes. Microsoft seems to be a company that has enough business in core market to hide it's failures. It's ongoing identity crises never seems to end.