Arm Holdings rises on Reuters report on Qualcomm shifting flagship chips to latest arm tech

MEDIATEK

01/10/2025 14:41

** Shares of chipmaker Arm Holdings O9Ty.F rise 2.1% to $144.5 in early trading

** Reuters exclusively reported Qualcomm QCOM.O has shifted its flagship chips to the latest generation of Arm Holdings' computing architecture with new features aimed at better AI performance

** The move could boost Arm's revenues and help Qualcomm's chips compete against offerings from MediaTek and Apple

** The decision partly resolves whether Qualcomm would continue using Arm technology following last year's legal battle between the two companies

** The legal battle between Qualcomm and Arm centered on whether Qualcomm breached licensing agreements after acquiring Nuvia, with a U.S. court ruling in Qualcomm's favor

** However, Arm said it will appeal the decision

** Up to last close, stock had risen 14.7% YTD

 (Reporting by Kritika Lamba in Bengaluru)

 ((Kritika.Lamba@thomsonreuters.com))