Could this be Qualcomm's rumored "server" effort? It has been widely speculated that Qualcomm had plans to enter the micro-server space. While Qualcomm's own management had, at numerous investor calls, pointed out that the company didn't necessarily need to be in this space (as it would be crowded), it was hard to ignore many of the "clues" – including the fact that Qualcomm's former Chief Marketing Officer was reassigned to a new role in which he would be working on "enterprise related initiatives." While the obvious "go to" idea for a chip company trying to remain "hot" would be micro-servers, this Internet Processor makes more sense.