Arm, Qualcomm to make closing cases in chip license dispute trial [Yahoo! Finance Canada]
Intel Corporation (INTC)
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Source: Yahoo! Finance Canada
(Reuters) - Lawyers for Arm Holdings and Qualcomm are set to make closing arguments on Friday in a case that could upend Qualcomm's push into the PC market with a chip meant to rival Apple and Intel on speed. An eight-person jury in a U.S. federal court in Delaware will determine whether Qualcomm or Nuvia, a startup Qualcomm purchased for $1.4 billion in 2021, breached a license agreement with U.K.-based Arm, which supplies intellectual property to both firms. If Arm is victorious, the British firm could force Qualcomm to destroy the technology it purchased from Nuvia, which has become the basis of a chip released this year that Microsoft and the entire Windows PC industry had hoped would claw back market share lost to Apple. The dispute centers on the royalties that chip companies pay on each semiconductor made using Arm's technology. Before its acquisition by Qualcomm, Nuvia's license agreement required it to pay far higher royalty rates than Qualcomm. After Qualcomm bought
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