Qualcomm Chief Executive Officer Cristiano Amon said on Wednesday that Arm Holdings has withdrawn a threat to terminate Qualcomm's license agreement with the chip technology provider.

Arm threatened to axe Qualcomm's license to develop chips based on Arm's designs. But a recent court loss convinced Arm to throw in the towel.

Back in October, during the Snapdragon Summit, news broke that ARM was going to terminate its licensing agreement with Qualcomm. This was because ARM said

Qualcomm (QCOM) kicked off 2025 with a bang, reporting stellar earnings for its first 2025 quarter. The semiconductor giant posted revenues of

Qualcomm reported first-quarter earnings on Wednesday that beat consensus expectations on both the top and bottom line.

Wall Street drifted to a mixed close as drops for Ford Motor and Qualcomm worked against buoyant fashion and cigarette stocks. The S&P 500 rose 0.4% Thursday following healthy gains for stock markets across much of Europe and Asia.

Wall Street experiences mixed performance as fashion and tobacco stocks surge, while automotive and tech sectors face challenges.

Wall Street drifted through a mixed day of trading as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm