[EDIT]hmmm.....whats going on at AMD? (and history of 3Dfx Rampage)

[BoFox]

So AMD would sell graphics IP to their direct competitor?  What a joke!
AMD buys ATI at a price that cripples their company, with this "it will give us an edge" justification.  They bragged and bragged about how they were so much better positioned, that the future was fusion....only we all seen Intel come out with "fusion" CPUS first.  
As time passed on, Intel CPUS had gained on AMD apps and surpass them in all metrics

And now today, AMD is in talks to sell this IP to intel, probably for pennies on the dollar when you look at how much they paid for ati.....
If AMD is really looking to cut a deal with Intel for graphics IP, they have all but given up

Is this part of their exit strategy?  I mean, this is pretty huge if you ask me

  Exactly!

WTF, AMD?  Why can't AMD just go their own HBM2 route and also implement some sort of L4 eDRAM cache like Intel's Iris Pro iGPU's, and then put Intel's graphics to shame in laptops and PC's?

I seriously hope it's not their exit strategy - given that AMD is launching Polaris, Zen, and all, on a massive leap to 14nm from 28/32nm. 

Perhaps this is AMD's revenge to Nvidia for helping Intel against AMD's Fusion (by trying to offer Intel a good bid that forces NV to have to lower its bid)?  Still, it would be stupid if AMD actually glued a deal with Intel.  Maybe it includes some cross-licensing of Intel's stuff like 3DXpoint?