Heard news that more significant cuts coming to axg after Raja’s sideline and splitting into two groups. Management is working on list.
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“Pretty much anything that isn't #1 or #2 in its segment will have to be cut” … That means pretty much everything, except integrated GPU, will be cut. Our integrated GPU is still #1, we don’t have any #2 in other GPU segments.
Pretty much anything that isn't #1 or #2 in it's segment will have to be cut... look at the latest result, it's so embarrassing... very little operating profit being generated in the segments... so, pretty clear hiding all the cr---y projects within the segment reporting won't last much longer... they will have to be rooted out and eliminated if this co. is going to survive.
https://www.jonpeddie.com/news/will-axg-survive-gelsingers-axe/
This was obvious half a year ago.
I think it was confirmed by Sandra or Jeff durint recent sync.