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Optane Train Out of Steam? | Gestalt IT Rundown: August 3, 2022
The name Optane is one that should be familiar to almost everyone in the IT industry. Heralded by some as a revolution in computer architecture, the promise of persistent memory seemed to always be just over the horizon. That horizon has faded away this week as Intel made mention in their Q2 earnings report of a winding down of the Optane memory business buried in a forward-looking footnote statuement. The impairment to the bottom line amounted to $559 million which was more than the total quarterly revenue loss reported. Stephen, there's a lot to unpack here. Why is Intel doing away with…
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