Funny enough, I predicted this in a previous HZ comment 3 months ago when they cut their server systems business.
> "My guess is that they're cutting the portfolio down to feature only chipsets and add-in cards. Just CPUs, GPUs, FPGAs, ASICs, networking. It makes sense if anything - it really focuses on their core business. No more side-projects with questionable profitability.
In the last 2 years since Pat Gelsinger took over, they've cut RealSense, Movidius, Optane Memory, IPO'd MobileEye, and now exited the Server Systems business. The only odd-ball left are their NUC business."
If any hedge funds are looking for analysts, I'm always open to offers...
It's sad to NUCs go, but it was inevitable. They made products for customers, while simultaneously competing with said customers. It's hard to build any decent partnerships on that premise. I'm currently typing this on a Serpent Canyon NUC though, so it's certainly bittersweet.
> "My guess is that they're cutting the portfolio down to feature only chipsets and add-in cards. Just CPUs, GPUs, FPGAs, ASICs, networking. It makes sense if anything - it really focuses on their core business. No more side-projects with questionable profitability. In the last 2 years since Pat Gelsinger took over, they've cut RealSense, Movidius, Optane Memory, IPO'd MobileEye, and now exited the Server Systems business. The only odd-ball left are their NUC business."
If any hedge funds are looking for analysts, I'm always open to offers...
It's sad to NUCs go, but it was inevitable. They made products for customers, while simultaneously competing with said customers. It's hard to build any decent partnerships on that premise. I'm currently typing this on a Serpent Canyon NUC though, so it's certainly bittersweet.