Published on 23 Oct 2024 on Benzinga
Qualcomm Inc. QCOM has been threatened by Arm Holdings Plc. ARM with cancelation of its chip design license, leaving the San Diego-based semiconductor giant with 60 days notice.
What Happened: The architectural license agreement allows Qualcomm to make its chips based on Arm’s standards. The showdown may potentially threaten the personal computers and the smartphone market, Bloomberg reported, citing a document.