Intel Could Kill This Business Unit Thanks to the Nvidia Deal

Part of Intel's (INTC -2.82%) turnaround strategy, now under CEO Lip-Bu Tan and previously under former CEO Pat Gelsinger, is to exit noncore businesses and refocus on what the company does best. Intel has exited the memory chip business, wound down its Ethernet switch business, abandoned its Bitcoin mining chips, and scuttled a wide variety of smaller business lines.