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IBM Looking To Sell Its Semiconductor Business

Posted by Soulskill on from the offloading-all-the-hardware dept.

jfruh writes "Having already gotten out of the low-end server market, IBM appears to be trying to get out of the chip business as well. The company currently manufactures Power Architecture chips for its own use and for other customers. Big Blue wants to sell off its manufacturing operations, but will continue to design its own chips."

1 of 195 comments (clear)

  1. Re:That's a surprise move by afidel · · Score: 5, Informative

    Have they recently acquired new executives that are hellbent on selling absolutely everything that isn't mainframes and $$$$$/hour consultants?

    Yes, their previous CEO made a stupid goal of $20 operating EPS by 2015 and the new CEO seems to be hell bent on hitting that target, whether that's from an incentive program or ego talking I'm not sure.

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