Yeah, considering how many big businesses are merging nowadays I wouldn't be surprised. I mean, I work for a small business that was bought up by a larger business, which is in the process of being acquired by an even larger business. Crazy.
I'd say the silver lining in this case is that this is one case of two large businesses doing what they're better at in order to take on a common competitor. I take some solace in the fact that there's no way the FTC would allow Intel and AMD to merge. Talk about creating a monopoly! Things were bad enough before AMD lit a fire under Intel's ass with Ryzen.