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It’s been a considerably fascinating and rocky experience for Intel’s Optane Reminiscence enterprise, however the chipmaker is able to shut the curtains on the storage line and name it a day. That’s proper, Intel is formally falling by the wayside and ending any and all future initiatives with its 3D Xpoint know-how.
The announcement was made by Pat Gelsinger, Intel CEO, throughout the chipmaker’s Q2 2022 earnings stories. In that very same announcement, Gelsinger informed shareholders that the choice to finish its Optane reminiscence enterprise would incur a US$559 million (~RM2.5 billion) write-off or stock impairment price.
Tech website Tom’s {Hardware} had additionally reached out to Intel to touch upon its choice in regards to the Optane Reminiscence enterprise, to which a spokesperson informed them the next:
“We proceed to rationalise our portfolio in assist of our IDM 2.0 technique. This contains evaluating divesting companies which are both not sufficiently worthwhile or not core to our strategic targets. After cautious consideration, Intel plans to stop future product growth inside its Optane enterprise. We’re dedicated to supporting Optane prospects by the transition.” Gelsinger additionally mentioned that an trade shit to CXL-based architectures was another excuse why Intel had determined to wind down the Optane enterprise.
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Intel Optane Reminiscence was first launched again in 2017, when it was first launched as 3D Xpoint (pronounced Cross level). Created as a part of a three way partnership between Intel and Micron, their mixed objective was to create a non-volatile storage resolution that was quick and with small-write latency.
Sady, regardless of launching a handful of Optane Reminiscence merchandise, it by no means actually gained any traction and in 2018, Intel formally ended its partnership with Micron.
On one other notice, the primary a part of Optane Reminiscence’s gradual decline started precisely a yr in the past, when Micron offered off its 3D XPoint fabrication facility to Texas Devices for a sum of US$1.5 billion (~RM6.7 billion). As for who can be inheriting the Optane Reminiscence IP, that honour goes to the South Korean semiconductor producer, SK Hynix.
(Supply: Tom’s {Hardware})
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