• SapphironZA@sh.itjust.works
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    17 hours ago

    Translation, Micron is shutting down Crucial for short term shareholder value at the cost of a sustainable and proven long term brand and channel.

    • SkunkWorkz@lemmy.world
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      13 hours ago

      It’s not just for shareholder value, like a downsize or stock buyback would achieve. This will literally fill their coffers to the brim faster than staying in the consumer market. Also the consumer market won’t go away anytime soon and there are very few competitors to begin with. They can just return to the consumer market once the AI bubble has burst like nothing has changed. Only difference is they will have way more money in the bank than if they never left.

      • SapphironZA@sh.itjust.works
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        2 hours ago

        Ask Intel how well compromising long term product development for short term gain is working now. How is their bank balance looking now?

        You also cant just pick it up from scratch again. The people are gone, the relationships are gone and people who trusted your brand to build their businesses have gone elsewhere.

        I swear businesses are run like political parties these days, they simply dont care about anything beyond the next cycle.

        • Appoxo@lemmy.dbzer0.com
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          12 hours ago

          Depends on how proud they are and if they’d want to retract their statements of going after AI instead of consumers or not.

          • tiramichu@sh.itjust.works
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            11 hours ago

            I don’t think there’s any pride in it, they are just going after what is the most profitable at any given time.

            That’s exactly why I suspect they will choose to resurrect the Crucial name later, because given a choice between launching a new name nobody knows, or a name people recognise (even if it’s been tarred a bit) then recognised will be the winning and more profitable option.

            That is, if they haven’t sold the Crucial name to someone else first.