A U.S. jury has ruled in favor of Qualcomm in its legal dispute with Arm Holdings, finding that Qualcomm did not breach a licensing agreement related to its $1.4 billion acquisition of chip startup Nuvia in 2021. The jury's decision, which addressed two of the three counts in the lawsuit, is viewed as a significant victory for Qualcomm, allowing the company to advance its ambitions in the AI PC market. Despite this ruling, the issue surrounding the Nuvia breach remains unresolved, and Arm is considering a retrial. Following the verdict, Qualcomm's shares rose in after-hours trading, reflecting investor confidence in the chipmaker's legal standing and future prospects.
The #legal standoff between #Qualcomm and #Arm reached an interim resolution last week when a US District Court ruled that Qualcomm did not breach the existing chip design licensing agreement with Arm, eliminating the need for additional licensing fees. https://t.co/72180nWWuE
Qualcomm sauve ses puces, mais Arm n'a pas dit son dernier mot ➡️ https://t.co/mzO3xHCmdT https://t.co/DrAfVSGCCH
Analysts parse Qualcomm after Arm court ruling https://t.co/JTBqyvCLh9