BUZZ — Arm down after Qualcomm wins jury trial verdict

* Shares of chip designer ARM down ~1% at $252.61 in volatile trading * Chip firm Qualcomm says jury found ARM breached its long-standing Architectural License Agreement with Qualcomm * A Delaware jury awards QCOM $2 in nominal damages after finding Arm Holdings breached the ALA agreement and intentionally sought to disrupt Qualcomm's business — QCOM spokesperson * "We are pleased with jury's decision today finding for Arm on four claims and awarding only one dollar in damages on each of Qualcomm's other two claims," says ARM * Shares of QCOM up 1.2% at $176.22 in afternoon trading * Including session move, ARM up ~132% YTD (Reporting by Jaspreet Singh in Bengaluru) ((Jaspreet.Singh@thomsonreuters.com; )