Qualcomm faces Arm jury trial. Qualcomm stock loses 1.05 percent

Published on 10/09/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The case could suspend Arm royalties for five years. Qualcomm stock costs EUR 155.19 on October 9, 2026 after EUR 156.84, minus 1.05 percent.

Key points in brief

Qualcomm faces an Arm contract trial in Delaware, with a requested royalty suspension of up to five years.
Fiscal third-quarter revenue fell 4.00 percent to USD 9.95 billion, while automotive revenue rose 61.00 percent.
The Lang & Schwarz quote was EUR 155.19 on October 9, 2026, down 1.05 percent from EUR 156.84.

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Qualcomm (ISIN US7475251036) was trading at EUR 155.19 at Lang & Schwarz on October 9, 2026 at 4:00 p.m. CEST. According to Investing.com on October 9, 2026, Qualcomm faced a jury trial over alleged Arm licensing breaches and sought a suspension of royalty payments for up to five years.

What does the Arm case mean?

The dispute centers on Qualcomm's claim that Arm withheld chip-testing tools and harmed negotiations over a potential Meta deal. Qualcomm also wants the jury to assess whether Arm interfered with licensing arrangements, while Arm contests the allegations.

The financial exposure is potentially material, but the five-year royalty suspension remains a requested remedy rather than a court ruling. The case therefore adds legal uncertainty to a company whose licensing business is an important profit contributor.

Qualcomm results expose handset gap

In the fiscal third quarter ended June 28, 2026, Qualcomm reported GAAP revenue of USD 9.95 billion, down 4.00 percent from USD 10.37 billion a year earlier, according to Venture Atlas. GAAP net income was USD 2.00 billion and GAAP diluted earnings per share were USD 1.87 for the same quarter.

The mix was uneven. Handset revenue fell 20.00 percent to USD 5.09 billion, while automotive revenue rose 61.00 percent to USD 1.59 billion and IoT revenue increased 9.00 percent to USD 1.83 billion. That contrast gives the Arm case a wider backdrop: Qualcomm is trying to expand beyond its most cyclical smartphone exposure while protecting technology licensing economics.

Stock valuation and trading level

Qualcomm's market capitalization was USD 182.1 billion on October 9, 2026, while its 52-week range was USD 121.99 to USD 259.92. The Lang & Schwarz price sits 40.30 percent below that 52-week high, calculated in US dollars only for the primary-exchange range and not against the euro quote.

At Lang & Schwarz, Qualcomm was trading at EUR 155.19 on October 9, 2026 at 4:00 p.m. CEST, down 1.05 percent versus the prior close of EUR 156.84. The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.