US Stock Market Move | Win the chip authorization war Qualcomm (QCOM.US) rose more than 3% Arm Holdings (ARM.US) fell more than 6%
23/12/2024
GMT Eight
On Monday, Qualcomm (QCOM.US) opened up more than 3%, at $156.77, while Arm Holdings (ARM.US) quickly weakened and fell more than 6%, to $124.26. In terms of news, last Friday, Qualcomm won a lawsuit against chip design company Arm. Previously, Arm had accused Qualcomm of acquiring and using Arm's technology through the acquisition of a chip startup, violating the chip technology license agreement.