A lawsuit by chipmaker Qualcomm against chip technology supplier Arm Holdings will head on Friday to a jury charged with determining if Arm breached licensing agreements and intentionally sabotaged some of Qualcomm's dealings with Meta Platforms.
Chipmaker Qualcomm and chip tech firm Arm Holdings , , long at loggerheads, will once again be in court on Monday with Qualcomm accusing Arm of withholding chip testing tools that were due under contract.
Arm Holdings ADR stock surged 5% in trading as the company's role in Nvidia's Open Agent Safety Platform continued to attract investor interest. Arm-based processors have been confirmed to handle both artificial intelligence agent execution and safety monitoring functions across Nvidia's BlueField 4 hardware and related infrastructure.
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.
Arm Holdings shares surged more than 15% on Monday as a broad recovery in artificial intelligence stocks lifted the semiconductor sector, while falling US Treasury yields and declining crude prices eased some of the pressure on growth-oriented technology shares. The rally extended a sharp rebound in Arm stock, which has gained more than 27% over the past five trading sessions.
Arm Holdings stock gained 7% on Thursday after CEO Rene Haas said he was increasingly confident the company could meet Wall Street's higher revenue expectations for its new data-centre chip, the AGI CPU. Haas made the comments during an interview with CNBC's Jim Cramer on Wednesday, saying he was “more confident” about achieving $2 billion in demand for the chip than he was during Arm's July ea...
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