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

  • Arm Holdings is cancelling its architectural licensing agreement with Qualcomm, allowing Qualcomm to design chips, as reported by Bloomberg News.
  • Arm provided Qualcomm with a 60-day notice before cancelation amid ongoing legal battles.
  • Arm's litigation could impact Qualcomm and approximately 20 partners, potentially halting new laptop shipments.
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