Final update on this. It turned out that using the 2.4 Ghz band was much
more stable than 5 Ghz, which got wedged within minutes, but conditions
eventually worsened until even on 2.4 Ghz without much internet usage it
would get wedged every few hours. I then tried out various kernel
versions on 16.04 LTS going all the way back to 4.4.9 and different
versions of iwlwifi ucode with no success and different variations of
dmesg output, even though I recalled the wifi working just fine back
before upgrading to 17.10.

Looking through other bugs, this one is very similar
https://bugzilla.kernel.org/show_bug.cgi?id=191601 and there is a script
that worked for me to reset the wifi without having to reboot, which was
a major improvement.

Clearly there wasn't a specific recent software change in Linux that
caused this issue. Other people reporting this bug have reported it
cropping up at different OS/kernel versions. The wifi still works
perfectly fine on Windows 10, and the script to remove/re-add the PCI
card via sysfs can recover the wifi. Based on all of these facts, I
believe this is a longstanding hardware-software bug in Linux where it
can't recover from certain conditions when there is hardware degradation
on the PCI card - perhaps some timeout deadlock - that Windows either
shrugs off or can recover from. Based on that hunch, I ordered a new
7260 half height PCI-E card, replaced it in my desktop, and wifi has
been working perfectly since (a week or so).

At this stage, this card is very old and no specific bug can be easily
pinpointed. Furthermore it requires a somehow hardware degraded 7260
card to reproduce so a fix will be unlikely. In my opinion it is your
best shot to buy a replacement 7260 card to tide you over until you
upgrade your PC.

** Bug watch added: Linux Kernel Bug Tracker #191601
   https://bugzilla.kernel.org/show_bug.cgi?id=191601

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https://bugs.launchpad.net/bugs/1673344

Title:
  Ubuntu 16.04 doesn't recongnize wifi card after loosing signal
  completely (intel 7260) even when I try to restart network manager

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