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Summary of Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute



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Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute


Qualcomm shares fell as much as 5% in pre-market trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm.

https://www.cnbc.com/2024/10/23/qualcomm-shares-fall-4point5percent-after-arm-threatens-to-scrap-key-license.html

Qualcomm shares dropped nearly 5% in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. The license in question allows Qualcomm to design chips based on Arm architecture.