Jen-Hsun Huang, CEO of Nvidia, at GPUTech 2015.
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Nvidia beats earnings targets, but revenue is slightly short

Graphics chip maker Nvidia said that its earnings for the first fiscal quarter beat expectations, but revenues were slightly short.

Nvidia is amid a pivot from smartphones and tablets to automotive and gaming chips. Shares of Nvidia rose earlier this week after the company said Tuesday that it would end its Icera cellular modem products and look into possibly selling the unit. In doing so, it followed baseband modem maker Broadcom in exiting that business. Qualcomm, MediaTek, Spreadtrum, and new contender Intel are heavily focused on that market. Icera has nearly 500 employees, and it was designing 4G LTE modems.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.