Intel has confirmed the company’s plan to pull the plug on another non-core business: servers. The chipmaker is quitting the server-building business and will sell it off to MiTAC, a leading Taiwanese electronics manufacturer and parent company of Tyan.
Dell, HP, and Inspur are the juggernauts of the server market, while Intel is one of the smaller fish in the pond. The chipmaker has multiple facets, and one of them is — or rather, was — building server products. Intel has killed off a fair share of non-core businesses since CEO Pat Gelsinger took the reigns in 2021. Some of the more notable exits include Intel’s Optane business, SSD business, networking switch business, and the company’s more recent departure from 5G modems. Intel has a strong server product portfolio, but the chipmaker’s strongest suit is obviously selling silicon.
