ARM Holdings is trading 6.37% down now at ARS 16,470.00, as Qualcomm seeks to suspend royalty payments to Arm for up to five years.

  • Reuters reports the payments could be worth billions, and a hold could significantly affect Arm’s sales.
  • Semiconductor weakness is also a headwind: SOXX is down 2.52% amid rising yields and oil-driven inflation concerns.
  • Available market context does not establish a separate company announcement on October 9.