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News 2026-10-13 18:10 UTC

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 di

News 2026-10-13 17:36 UTC

Qualcomm says jury found Arm breached license agreement

Oct 13 (Reuters) — A Delaware jury found Arm Holdings breached its architectural license agreement and intentionally sought to disrupt Qualcomm's business, the smartphone chipmaker said on Tuesday, calling the verdict a win for innovation and competition. (Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan A