financetom
Business
financetom
/
Business
/
US jury deadlocked in Arm trial against Qualcomm, still deliberating
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US jury deadlocked in Arm trial against Qualcomm, still deliberating
Dec 20, 2024 12:01 PM

(Reuters) -A jury in U.S. federal court in Delaware on Friday said it was deadlocked on one of the questions that it has been asked to resolve in Arm Holdings' lawsuit against Qualcomm ( QCOM ), but is still deliberating the two other questions before it.

Arm's lawsuit against Qualcomm ( QCOM ) asks for the destruction of chip designs it acquired from Nuvia for $1.4 billion in 2021. Nuvia's technology has become the basis of Qualcomm's ( QCOM ) push into the personal computer market.

At stake in the case, in which Arm is suing its biggest customer, is the fate of Qualcomm's ( QCOM ) expansion into new markets using Nuvia's technology and whether Arm can continue to be viewed as a neutral player throughout the chip industry.

Nuvia and Qualcomm ( QCOM ) both had license agreements with Arm, and Qualcomm ( QCOM ) sought to transfer Nuvia's designs to itself after buying the startup company. Arm objected that Nuvia needed its permission to do so and terminated Nuvia's license, ticking off the legal battle.

The case requires a unanimous verdict from the eight-person jury on three questions. The first of those questions was whether Nuvia breached its agreement with Arm, and the jury said Friday it was deadlocked.

The jury said it is still debating the two other questions, which are whether Qualcomm ( QCOM ) breached Nuvia's Arm license agreement and whether Qualcomm's ( QCOM ) central processor designs are properly licensed under its own agreement with Arm.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Form 8.3
Form 8.3
Nov 24, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Analysis-Companies tone down price hike talk as tariff fog clears
Analysis-Companies tone down price hike talk as tariff fog clears
Nov 24, 2025
By Shivansh Tiwary, Savyata Mishra and Arpan Varghese (Reuters) -Fewer global companies signaled price hikes in the third quarter, pointing to a change in tack as U.S. trade deals facilitate clearer financial planning and firms seek to limit risks of losing sales, according to company statements and earnings calls reviewed by Reuters. Results from Walmart ( WMT ) capped the...
Record US Black Friday crowds to find fewer bargains amid high prices
Record US Black Friday crowds to find fewer bargains amid high prices
Nov 24, 2025
NEW YORK (Reuters) -Unprecedented numbers of Americans are expected to hit stores this Black Friday, but they are likely to curtail their spending as they find fewer bargains from tariff-hit retailers. Marking the biggest turnout ever for the five-day stretch between Thanksgiving and Cyber Monday, 186.9 million people will shop, up from 183.4 million last year, the National Retail Federation...
Indonesian state-owned fund eyes overseas AI infrastructure opportunities, official says
Indonesian state-owned fund eyes overseas AI infrastructure opportunities, official says
Nov 24, 2025
* AI supply chain stocks seen as key for diversification * Investment in chipmakers such as Nvidia ( NVDA ) depends on valuation * Fund awaits approval to invest up to 5% of portfolio abroad * Rupiah stability also a criterion for overseas investment (Adds text summary points, details; paragraphs 1-16) By Stefanno Sulaiman JAKARTA, Nov 24 (Reuters) - Indonesia's...
Copyright 2023-2026 - www.financetom.com All Rights Reserved