Arm Holdings (ARM) has reportedly issued Qualcomm (QCOM) a 60-day notice of termination for its intellectual property licenses used in chip design, according to a report by Bloomberg. This escalation comes amid an ongoing legal dispute between the two semiconductor giants, which began when Arm Holdings sued Qualcomm in 2022 over alleged breach of contract.

Catalysts Co-Hosts Seana Smith and Madison Mills details the blowback of this decision for Qualcomm's business operations.

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This post was written by Angel Smith