(Reuters) -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%. An eight-person jury in U.S. federal court deadlocked on the question of whether Nuvia, a startup that Qualcomm purchased for $1.4 billion in 2021, breached the terms of its license with Arm.

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).

  • Alphane MoonMEnglish
    8•20 days ago

    A seemingly big failure for ARM, they go after one of their own clients and then lose their case against them.

    • @[email protected]OP
      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.