Intel abandons chip – $½ billion lost at sea
Chipzilla a cumbersome, lumbersone graphics player
Posted in Business, 19th August 1999 12:29 GMT
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Chip gargantua Intel today would neither confirm or deny it had exited the discrete graphics business -- one which cost it over $430 million to buy. An Intel representative said today: "As far as I am aware, we are still in this business, producing the i752 chip." A month ago, it slit the throat of its i754 project, as reported here. (Story: Intel confirms i740, i754 dead duckies) Intel bought Chips & Technologies a year or two back for $430 million, but only had limited success with its first incursion into the market, the i740, which did not do well in the market. The 7x family came from a Lockheed spin off called Real3D. Wire reports are reporting that Intel has trashed the 752 graphics chip, adding to the confusion. Still, Intel's got a lot of money and a track record of trashing projects that don't work out in the end... Earlier this month, Intel canned its Express 3D graphics card with the fateful words: "Dear Intel® Express 3D graphics card Customer: Intel is announcing the end of interactive support for the complete Intel Express 3D graphics card product line." Don't even bother trying to phone them about that, Chipzilla warned at the time. ®
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