Qualcomm shares drop 4.5% following Arm’s threat to revoke crucial license
Qualcomm shares experienced a significant drop of nearly 5% in premarket trading following a report from Bloomberg indicating that British chip designer Arm is considering revoking a crucial license held by the U.S. company. According to the report, Arm has issued Qualcomm a 60-day notice of termination for their architectural license agreement, which allows Qualcomm … Read more
