Motorola had junked so many processor architectures in the 2000s that it's not even funny. 88K was one
Data General did a few computers based on 88K, and also a couple of companies located in Japan made 88K-computers (see OpenBSD supported machines), but they were a niche, and their orders weren't so consistent in term of money.
The 88000 appeared too late on the marketplace, later than MIPS and SPARC, and since it was not compatible with 68K it was not competitive at all: Amiga/classic? 68k! Atari ST? 68k! Macintosh/classic? 68k!
In short, Motorola was not happy because they had problems at selling the chip.
Now I know that the 88K was abandoned after the Dash prototype when Motorola was collaborating with the Standford University. It sounds like the last chance to put a foot into the supercomputers field, which was niche but with a lot of money involved, and yet again ... bad luck, since for some obscure reason, someone preferred to go on with MIPS instead than with 88K.
Was it the last lost occasion? Definitively YES, since someone with a lot of money, someone like Silicon Graphics, chose the use the Dash technology combined with MIPS and this was the beginning of the CrayLink2,3,4, ... SGI-supercomputers, yet again a lot of money back.
In such a scenario there was no choice for Motorola: 88k project dropped!
As far as I have understood, IBM was working on S/370 since a long while, and their researching was on the IBM 801 chip, which was the first POWER chip, so ... to make the money Motorola promoted a collaboration with Apple and IBM, which then developed the first PowerPC chip: the MCP601 appeared in 1992, sort of hybrid chip between POWER1 spec and the new PowerPC spec.
This way managers in Motorola were happy. Anyway, this didn't work so long, they these companies drop the collaboration.
Now IBM is on POWER9 which is funded by DARPA, which means a lot of money for IBM. POWER9 workstations and servers are very expensive. Say the entry level for the low spec workstation is no less than 5K USD