I think it will be ARM. I think Intel has lost the mobile space. Medfield is too little too late. Most phones sold are cheap phones and a cheap ARM processor will always be the go to for that category at this point. I think the big problem for Intel is that there really isn't a big problem with ARM chips on mobile that it's chips will do better at. iOS is already written for ARM chips as are Windows Phone, BB10, and the soon to be open source WebOS. Ya, Android runs using a VM so it can easily deploy to whatever processor, but ARM will be cheaper for the fore seeable future, and if a manufacturer cared more about experience than profit, they wouldn't be selling Android in the first place.
For the record, I'd prefer it if both were neck and neck, I don't want one to rule. It would spur both platforms to aim for even better performance and lower power drain, which would be a win for all of us. I just don't think it will happen.