• SapphironZA@sh.itjust.works
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    3 months ago

    Translation, Micron is shutting down Crucial for short term shareholder value at the cost of a sustainable and proven long term brand and channel.

    • SkunkWorkz@lemmy.world
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      3 months ago

      It’s not just for shareholder value, like a downsize or stock buyback would achieve. This will literally fill their coffers to the brim faster than staying in the consumer market. Also the consumer market won’t go away anytime soon and there are very few competitors to begin with. They can just return to the consumer market once the AI bubble has burst like nothing has changed. Only difference is they will have way more money in the bank than if they never left.

      • SapphironZA@sh.itjust.works
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        3 months ago

        Ask Intel how well compromising long term product development for short term gain is working now. How is their bank balance looking now?

        You also cant just pick it up from scratch again. The people are gone, the relationships are gone and people who trusted your brand to build their businesses have gone elsewhere.

        I swear businesses are run like political parties these days, they simply dont care about anything beyond the next cycle.