My guess is that they're cutting the portfolio down to feature only chipsets and add-in cards. Just CPUs, GPUs, FPGAs, ASICs, networking, and the associated add-in cards for all of the above. It makes sense if anything - it really focuses on their core business. No more side-projects with questionable profitability.

In the last 2 years since Pat Gelsinger took over, they've cut RealSense, Movidius, Optane Memory, IPO'd MobileEye, and now exited the Server Systems business. The only odd-balls left are their NUC business. Considering how popular these are in the enterprise market I can't it going anywhere any time soon, beyond spinning it out into a separate company.