Qualcomm wins legal battle against Arm over chip designs, stock up 1.8%.

From Investing.com: 2024-12-20 16:51:04

Qualcomm wins legal battle against Arm over chip designs acquisition. Arm argued Qualcomm should’ve renegotiated after buying Nuvia, but Qualcomm had separate license. Nuvia’s tech important for Qualcomm’s computer processor market expansion. Jury couldn’t decide if Nuvia breached license agreement. Qualcomm stock up 1.8%, Arm Holdings down 1.7% in afterhours trading.



Read more at Investing.com: Qualcomm scores major legal victory against Arm over chip designs By Investing.com