alt Hacker NewsAlpha cancellation happened before HP/Compaq merger, when it was purely Compaq decision.
At the time some partnerships were slowly reducing the base costs of making Alpha machines (with K7 Athlon motherboards and EV6 Alpha being essentially signal compatible but not pinout compatible - you could reuse the chips and most of the design).
Compaq however... was not interested, for various reasons.
Oh you must be right, I mix up my time lines.
In any case the economics were more or less the same as Alpha as for the others. They couldn't support integrated silicon manufacturing. It wasn't even just the manufacturing (which could be outsourced although arguably not as competitively as integrated shops like Intel until TSMC really hit its stride). Or the logic and physical design. But the software development and ecosystem support costs were ballooning too. Alpha like the rest of them just never made sense unless they could make competitive cheap systems that were compatible, and by the time efforts like Windows ports and x86 emulation came along, it was already too late.