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Nvidia (NASDAQ:NVDA) announces its first 4G LTE baseband chip, the fruits of its 2011...

May 24, 2012 1:43 PM ETNVIDIA Corporation (NVDA) StockT, NVDA, QCOMBy: Eric Jhonsa, SA News Editor

Nvidia (NASDAQ:NVDA) announces its first 4G LTE baseband chip, the fruits of its 2011 acquisition of Icera, has been qualified for use on tablets running on AT&T's (NYSE:T) LTE network. The product faces tough competition from Qualcomm (NASDAQ:QCOM), whose baseband chips are used in 4G iPad models. A chip combining an Icera baseband with an Nvidia Tegra app processor is due in 2013.

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