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Arm Holdings to cancel Qualcomm chip design license, Bloomberg News reports

  • Arm Holdings is cancelling its architectural license agreement with Qualcomm, which allows Qualcomm to design chips, amid ongoing legal disputes reported by Bloomberg News.
  • Arm issued a 60-day notice to Qualcomm for the cancellation, which enables Qualcomm to create chips based on Arm's standards.
  • Qualcomm claims Arm's termination claim is baseless and an attempt to disrupt the legal process, as a trial is set for December.
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