It would seem that rumors of the demise of IBM's Cell Processor have been greatly exaggerated. They originated from German website Heise Online's interview with IBM's Vice President of Deep Computing, David Turek, in which he said they had halted development of the next version of the Cell Processor, which had dual PowerPC processors and 32 Synergistic Processing Elements/SPEs.

Concerned about the fate of the PlayStation 3, Kotaku reached out to IBM and received word from Spokesperson Ron Favali, who said "As long as we have a contract with Sony we will continue to manufacture Cell processors for use in the Sony PlayStation."

As for the Cell Processor, Turek said "the core technology of the Cell processor will continue to proliferate throughout the IBM product line."