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optimized for SFF rigs and HTPCs
That's why. Not really gaming, just a basic card for a specific niche.
Industrial PCs too, fanless stuff is great when you don't want dust continuously pumped through the case, like in a woodshop (sawdust) or a mechanic (oily dirt and dust).
Although personally, in those cases, I think you'd see comparable performance just by using modern onboard CPU graphics. I would rather save the space and money and skip a discrete card entirely.
You'll have substantially better results from modern integrated graphics (even on the low-end Intel UHD side). This is genuinely the card you get if you just need the extra outputs and don't care about performance, or you have a CPU lacking integrated graphics and don't care about performance.
In other words, there are use cases for it, but I absolutely agree that a gaming card this is not and it has a very specific niche.
Remember that some CPUs come without the iGPU like older Ryzen or some intel chips.
Yup, addressed in my original reply.
They work great for office PCs when we need to add extra outputs. Maybe not this specific version that heatsink looks a bit tall to fit in most half height cases.
Fuck Asus. All my homies hate Asus