Nvidia ices Icera modem division, says it's leaving mobile chips biz

Nvidia has said it will wind down its Icera wireless modem business as it looks to exit the mobile computing market, where it has struggled to compete against the likes of Qualcomm and Samsung. The move comes ahead of the chipmaker's earnings report for the first quarter of its fiscal 2015, which is due to arrive on Thursday. …

[Missing Semicolon]

Again, $100m's are wasted

.. by clueless management, and nobody gets fired.

Remind me - why do these guys get paid the big bucks? I seem to remember there was something about "being responsible" for stuff......

[The last doughnut]

Re: Again, $100m's are wasted

In order to be trusted in taking risks with other peoples money (the shareholder capital), the directors need to be paid an amount that gives the impression they are of sufficient calibre.

In this case the gamble didn't pay off.

[Anonymous Coward]

NVIDIA layoff

123 people will be layed off in Sophia Antipolis (NVDIA France).

Google "NVIDIA to cut 500 jobs worldwide, 123 of which in France".