Core Strategy - Intel is undergoing a turnaround strategy under CEO Lip-Bu Tan, focusing on exiting noncore businesses and refocusing on its core competencies [1] - The company has exited the memory chip business, wound down its Ethernet switch business, abandoned Bitcoin mining chips, and spun off its self-driving unit Mobileye [1][2] Operational Simplification - Significant layoffs have been initiated, and a new policy of "no more blank checks" will lead to more selective investments [2] - Anything outside of PC CPUs, server CPUs, and manufacturing could be cut, with even manufacturing at risk if it cannot secure external customers [2] Partnership with Nvidia - Intel signed a deal with Nvidia to produce custom PC and data center CPUs that include Nvidia technology, raising questions about its own graphics business [3][6] - This partnership means Intel CPUs with integrated Nvidia GPUs are forthcoming, but it does not cover discrete graphics cards [6][7] Graphics Market Position - Intel's discrete graphics card market entry with its Arc line faced challenges, with the first generation plagued by software issues, while the second generation received positive reviews [4] - Despite efforts, Intel has not gained meaningful share in the discrete graphics card market, with its GPU unit share rounding down to 0% in Q1 [5] Future Considerations - The partnership with Nvidia raises questions about Intel's commitment to the discrete graphics card market and whether it will continue investing in its own graphics technology [6][7]