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Optane, We Hardly Knew Yeh

Buried in Intel’s recent and somewhat dismal second-quarter 2022 financial results was a line item under “Non-GAAP adjustment or measure” that read: “Optane inventory impairment” for the sum of $559 million. Ouch. About 60 percent of the way through the “Forward-Looking Statements” section of the financial earnings statement is the phrase “the wind-down of our…
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