I'm aware of the 5 GHz stunt with the liquid chiller. But Intel has had 28 core parts for servers and datacenters not needing such cooling, though still very expensive and power-hungry.
There's going to be a refresh of the i9 line later this year, which will likely have some sort of answer to AMD, whether on 2011 or 3647 or both, and given how much better the mesh architecture scales versus AMD's, they will probably win out. It's as you said, Intel can counter when they want to, but they don't need to resort to two dies.
AMD will always win on price per core, because their architecture is inherently cheaper, but they're not quite as much of a slam dunk in price per performance as it may seem.
There's going to be a refresh of the i9 line later this year, which will likely have some sort of answer to AMD, whether on 2011 or 3647 or both, and given how much better the mesh architecture scales versus AMD's, they will probably win out. It's as you said, Intel can counter when they want to, but they don't need to resort to two dies.
AMD will always win on price per core, because their architecture is inherently cheaper, but they're not quite as much of a slam dunk in price per performance as it may seem.