The verdict came on Tuesday after a five-day trial last week. The jury found that Arm Holdings breached its architectural license agreement with Qualcomm and intentionally interfered with Qualcomm's relationship with Meta Platforms, but awarded nominal damages of $2, according to court records. Arm shares fell about 1% after the ruling and Qualcomm shares rose about 1%. This is the second trial between the companies in two years. CNBC notes it highlights how the relationship has deteriorated since SoftBank Group took control of Arm in 2016 and Arm moved from only licensing chip technology to selling chips of its own. For AI hardware builders, the case is a reminder that custom silicon strategies often sit on top of licensed Arm architecture. Companies designing their own inference or edge chips on Arm depend on license terms that can become contested as the licensor competes with its customers. A liability finding with token damages leaves that tension unresolved, so teams planning multi-year chip roadmaps should keep the licensing risk in view.