Chips aren't glued...they're always soldered. (at least, as long as they aren't in a socket, which is hardly ever true for GPUs)
I don't know what 8 drops you're talking about are, but I doubt it's glue. A picture could help.
If your motherboard outputs no video on an internal or external monitor, you can try reflowing the board by baking it in an oven or using a heat gun - but past that, especially for such an old board, I would consider getting a new notebook.