Intel gives up on its chip for graphics, code-named Larrabee. The company had some low end graphics that it used for low end computers, but hoped to become a competitor to nVidia and AMD (ATi).
Intel now enters Stage 2 of the path that failed products take: verticalize them:
Source.
Update
As the markets opened, the nVidia share price jumped 12% at the good news.
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Read more on Intel's retreat at Larrabee past, present, future by Jon Peddie
Intel now enters Stage 2 of the path that failed products take: verticalize them:
Intel now plans its first Larrabee product to be used as a software development platform for both graphic and high performance computing...With Larrabee effectively gone, can we expect the Xenon to follow in 2010?
Source.
Update
As the markets opened, the nVidia share price jumped 12% at the good news.
More
Read more on Intel's retreat at Larrabee past, present, future by Jon Peddie
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