NVIDIA is eliminating its cellular chip enterprise
Alas, NVIDIA’s one-time dream of hitting it large in the cellular chip world is to not be. The company is planning to “wind down” its Icera modem enterprise inside the second fiscal quarter of the yr (that is, no later than July), which could embrace selling it off. Merely put, NVIDIA’s priorities have modified — it’s focused on these areas the place its signature graphics and mobile processors are more likely to thrive, along with cars, gaming and the cloud. It’s an understandable switch given the scarcity of traction for Icera’s parts (Qualcomm almost dominates the modem panorama), nevertheless it is unfortunate for the roughly 500 staffers who may uncover themselves out of labor in a variety of months.
[Image credit: AP Photo/Mark Lennihan]