Qualcomm (QCOM, Financial) shares opened with an increase of over 3%, trading at $156.77. Meanwhile, Arm Holdings (ARM) saw a decline of more than 6%, with shares priced at $124.26.
This market movement follows Qualcomm's recent legal win over Arm in a lawsuit. The dispute involved Arm's allegations that Qualcomm had violated a chip technology licensing agreement. The accusation was based on Qualcomm's acquisition of a chip startup, which Arm claimed led to the unauthorized use of its technology.
