Qualcomm Scores Big In Arm Lawsuit: Will Bearish Trends Back Down?
Qualcomm Scores Big In Arm Lawsuit: Will Bearish Trends Back Down?
It also dismisses major uncertainties surrounding the license agreement with Arm and allows San Diego-based Qualcomm to continue selling and innovating on Arm's chips without interruption.Qualcomm Inc (NASDAQ:QCOM) gains significant leverage in future litigation after securing a critical legal win against Arm Holdings Plc (NASDAQ:ARM), according to JPMorgan analyst Samik Chatterjee.
摩根大通分析師薩米克·查特吉表示，高通公司（納斯達克股票代碼：QCOM）在獲得針對Arm Holdings Plc（納斯達克股票代碼：ARM）的關鍵法律勝利後，在未來的訴訟中獲得了巨大的槓桿作用。
What The Court Said: A Delaware District Court ruled that Qualcomm's acquisition of Nuvia did not violate Arm's Architecture License Agreement (ALA), securing the designs under Qualcomm's license.
法院說了什麼：特拉華州地方法院裁定，高通收購Nuvia並未違反Arm的架構許可協議（ALA），該協議保護了高通許可下的設計。
While the verdict didn't resolve all questions about Nuvia's prior actions, it eliminates fears of canceled licenses or disruptive financial repercussions.
儘管該判決並未解決有關Nuvia先前行動的所有問題，但它消除了人們對取消許可證或破壞性財務影響的擔憂。
It also dismisses major uncertainties surrounding the license agreement with Arm and allows San Diego-based Qualcomm to continue selling and innovating on Arm's chips without interruption.
它還駁斥了圍繞與Arm的許可協議的重大不確定性，並允許總部位於聖地亞哥的高通公司繼續在Arm的芯片上不間斷地銷售和創新。
Still, Chatterjee warns of potential future litigation from Arm and hints at possible renegotiations over financial terms for ALA extensions beyond 2033. Qualcomm has the option to renew the license for an additional five years in 2028 for just $1 million annually—a move that could be pivotal for its long-term roadmap.
儘管如此，查特吉仍警告說，Arm未來可能會提起訴訟，並暗示可能會就ALA延期至2033年以後的財務條款進行重新談判。高通可以選擇在2028年將許可證再續訂五年，每年僅需100萬美元，此舉可能對其長期路線圖至關重要。
Beyond The Courtroom: Trial disclosures revealed Qualcomm's ambitious plans post-Nuvia acquisition, including four groundbreaking CPU design efforts:
法庭之外：審判披露了高通在收購Nuvia後的雄心勃勃的計劃，包括四項開創性的CPU設計工作：
Hamoa – Aimed at PCs and laptops.
Pakala – Targeting the smartphone market.
Nordschleife – Designed for automotive applications.
Pegasus – Focused on future computing and mobile innovations.
Hamoa — 針對 PC 和筆記本電腦。
Pakala — 瞄準智能手機市場。
Nordschleife — 專爲汽車應用而設計。
Pegasus — 專注於未來的計算和移動創新。
While these efforts showcase Qualcomm's R&D prowess, Arm's potential plans to develop its own processors — possibly for Samsung — add an intriguing layer of competition.
儘管這些努力展示了高通的研發實力，但Arm可能計劃開發自己的處理器（可能爲三星開發），這增加了有趣的競爭層面。
Bearish Signals Dominate
看跌信號占主導地位
Despite the legal victory, Qualcomm's stock isn't getting much love from the technical indicators.
儘管在法律上取得了勝利，但高通的股票並未受到技術指標的喜愛。
Chart created using Benzinga Pro
使用 Benzinga Pro 創建的圖表
Trading at $152.89, QCOM stock lags below its eight-day, 20-day, 50-day, and 200-day simple moving averages—all flashing bearish signals.
QCom股票的交易價格爲152.89美元，跌破其八天、20天、50天和200天的簡單移動平均線，所有這些都閃出看跌信號。
The Moving Average Convergence Divergence (MACD) at a negative 2.73 and a Relative Strength Index (RSI) of 39.6 suggest QCOM stock is nearing oversold territory, but bears remain in control.
移動平均收斂散度（MACD）爲負2.73，相對強弱指數（RSI）爲39.6，表明QCom股票已接近超賣區間，但空頭仍處於控制之中。
Chatterjee maintains an 'Overweight' rating for Qualcomm stock, citing its ability to navigate legal challenges and drive innovation.
查特吉維持對高通股票的 「增持」 評級，理由是其有能力應對法律挑戰和推動創新。
However, the road ahead could see bumps if Arm chooses to escalate disputes or Qualcomm faces challenges in renegotiating license terms.
但是，如果Arm選擇升級爭議，或者高通在重新談判許可條款時面臨挑戰，前進的道路可能會遇到顛簸。
For Qualcomm investors, the court ruling removes a major overhang, clearing the way for further innovation in Arm-based chips.
對於高通投資者來說，法院的裁決消除了一個重大懸而未決的問題，爲基於ARM的芯片的進一步創新掃清了道路。
Yet, with bearish technicals and lingering uncertainties about Arm's next moves, the stock remains a high-stakes play.
然而，由於技術面看跌，而且Arm下一步行動的不確定性仍然存在，該股仍然是一個高風險的股票。
Image: Shutterstock
圖片：Shutterstock
