IBM may sell its chip business or look for a joint venture partner, report claims

IBM(s ibm) is considering a sale of its chip business, according to a report in the Financial Times. The article suggested that IBM may also look for a new partner with which it could spin off a joint venture, but either way it’s appointed Goldman Sachs(s gs) to see if anyone’s interested. IBM’s semiconductor business is very cutting-edge, experimenting with new materials and technologies such as photonics, graphene and carbon nanotubes. Its Power architecture is also used in some IBM servers and supercomputers such as Watson. IBM said last month that it was selling its x86-architecture server business to Lenovo, the same company that took on its PC business in 2004.

Qualcomm wants to power the apps in your car’s dashboard

Qualcomm’s(s qcom) Snapdragon processors are already the dominant app engines in smartphones and tablets, but the company is now targeting a much larger device: the automobile. The silicon vendor announced at CES on Monday that it has developed an automotive-grade version of Snapdragon for the connected car infotainment system. The 602A chip includes a quad-core CPU, Adreno 320 GPU and additional multimedia and communication cores designed for the unique use case of the car. Qualcomm isn’t the only chipmaker that sees big opportunity in the automotive industry. Nvidia(s nvda) has also been pursuing the vehicle infotainment space aggressively.