Deals
Nvidia Gives Up on Modem Effort, Offers Icera for Sale
This article is for subscribers only.
Nvidia Corp., the biggest maker of chips for computer graphics cards, said it will give up trying to make modem chips for mobile devices, abandoning a key element of its attempt to break into the smartphone market.
Nvidia is open to selling its Icera unit, purchased in 2011, and will stop development of its modems, chips that connect phones to cellular networks. The “wind down” of the unit will be completed by the second quarter of fiscal 2016, the Santa Clara, California-based company said Tuesday in a statement.