Deals
Qualcomm Plans Exit From Server Chips
- Company may shut, sell fledgling data-center processor unit
- Chipmaker sought to offer an alternative to Intel’s products
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Qualcomm Inc., the biggest maker of mobile-phone chips, is preparing to give up its push to develop processors for data-center servers, an effort that sought to break Intel Corp.’s hold on the lucrative market, according to a person familiar with the company’s plans.
The San Diego-based company is exploring whether to shutter the unit or look for a new owner for the division, which was working on ways to get technology from ARM Holdings Plc into the market for chips that are at the heart of servers, the person said. ARM is one of Intel’s only rivals in developing semiconductor designs, and its architecture is primarily used in less power-intensive products, such as smartphones.