The jury decided that Qualcomm did not breach an agreement that it was not a party to and, it can move forward with its efforts under its current license agreement.

Wilmington, Del., gave wireless-chip maker Qualcomm (QCOM) a partial victory in its legal battle with Arm Holdings (ARM) . Related: Analyst adjusts Qualcomm stock price target ahead of earnings Arm had accused Qualcomm of breaching the terms of a licensing agreement after Qualcomm acquired startup Nuvia in March 2021 for $1.

The fact that a federal jury ruled in favor of Qualcomm (QCOM) on two of three counts in its lawsuit with Arm Holdings (ARM) is seen as a clear win for Qualcomm. Read for more.