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Desktop, mobile, and server CPUs were all profitable, though all were sharply down from last year. Most of the loss came from Intel's ongoing push into the GPU market, which the company fully expected to bleed cash for the first few years.
The company has shut down its network switch unit. Intel will still produce a range of networking chips, just not the switches themselves. In recent years the company has also cancelled its Optane storage project and sold off its SSD division as it focuses engineering on improving its CPUs.
Recent advertising material showed the performance per dollar of all currently available Radeon cards - and highlighted the fact that all Radeon 7000 cards deliver worse value than all Radeon 6000 cards.
They're faster, yes, but worse value.
Nvidia has the same problem. Intel doesn't, but that's only because they don't really have any previous graphics cards to compare against.