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After axing Optane last year, the next major business is the Barefoot Networks switching business, another casualty of Intel's last decade strategy to become a data-centric company/conglomerate.
Source: https://seekingalpha.com/article/4573265-intel-q4-earnings-collapsing?source=feed_all_articles
Swan had stabilized the company; he improved morale somewhat, started selling off non-core businesses, and oversaw a few smart acquisitions, like Barefoot Networks.