Their commitment to Itanium has made SGI (once a high flyer), a penny stock.
Perhaps you should take off your ideological blinkers.
SGI was self-injured by an ill conceived acquisition of Cray and subsequent incompetent disposal of its assets and divesture. But mostly by an attempt to sell expensive x86 workstations built with proprietary chipset and graphics technology against far cheaper standard high volume x86 systems that performed almost as well and occasionally even better.