Qualcomm secures key win in chips trial against Arm
finance.yahoo.com
WILMINGTON, Delaware (Reuters) -Qualcomm's central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker's expansion into the laptop market. Qualcomm said the result affirmed its right to innovate, but Arm vowed to seek a new trial. Arm's shares were down 1.8% in extended trading after the news, and Qualcomm's shares were up 1.8%.

Arm Holdings’ lawsuit against Qualcomm ended on Friday with a jury delivering a mixed verdict that found for Qualcomm on a crucial issue, saying Qualcomm had properly licensed its central processor chips.

Arm’s shares were down 1.9% in extended trading after the news, and Qualcomm’s shares were up 2.3%.

Major loss for Arm, who started this whole thing, and now have nothing to show for, while also pissing off their customers (Qualcomm obviously, but probably also many others).

  • golli@lemm.eeOP
    2·
    20 days ago

    Yeah. The whole move imo was already a play for short term profits over long term considerations regardless of the outcome. I guess after the sale to nvidia fell through Softbank wanted to make some fast money?

    For what it’s worth they are seemingly seeking a retrial source.

    And on a side note i am quite fascinated how fast those Delaware courts are handlying big cases like these. Something i also noticed during the twitter sale.