Arm Holdings to cancel Qualcomm chip design license, source says

Go back to Arm Holdings to cancel Qualcomm chip design license, source says

Citi Reiterates Buy Rating on Arm Holdings (ARM)

October 23, 2024 8:59 AM EDT

Citi analyst Andrew Gardiner reiterated a Buy rating and $170.00 price target on Arm Holdings (NASDAQ: ARM).

The analyst comments "Bloomberg reported today that Arm has given Qualcomm a 60-day notice of the cancellation of its architectural licence agreement, in an escalation of... More