I'm hoping Intel keeps their GPU division as they basically get free driver development support from the community but yeah, there's a good chance this is getting axed
I'm guessing it's the Wifi business that's going to be sold. Also, the prefabs might be spun off. But Intel still needs a GPU division, if at the very least just for integrated GPUs, but we might see the end of dedicated Intel GPU's as they pivot to compete against AMD's APU's.