ARM
Arm Holdings plc American Depositary Shares
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-42.86% Today
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This is a small dumb little thing but it's HUGE in its Implications - Google Puts Chrome On Windows ARM - Effectively Seeding Chromebooks
Strangely the US wants to Intel to succeed but their price does not look that way
TSM - I was right, kind of, and i think there's still more value here.
Can someone help contextualize ARM versus AMD, NVDA, INTC, or other semiconductor companies
**BioLargo: The Rising Star in CleanTech with Blockbuster Success POOPH, Exciting Subsidiaries, and Game-Changing Developments**
Arm Holdings: Setting Our Sights High with a $110 Price
CES 2024 Unveils Qualcomm and Bosch’s Cockpit and ADAS Integration
ARM is Worth $1000 - Everything Runs On ARM - What Doesn't WILL - 10 Year Play - X86 is DEAD
Remember to Withdraw 7K and Max Out your Roth January 1st
Intel Corporation: INTC’s Latest Strides and Challenges
Puts on $INTC. Intel Meteor Lake Analysis - Core Ultra 7 155H only convinces with GPU performance
$ARM and All my Dividend Stocks Holding Up My Portfolio Today Against the Mag 7
$ARM=All this stupid talk that Softbank is gonna dump is WRONG. This is softbanks Sees Candies/WarrenBuffetStyle. PT 65-70+ coming, why?....
Wall Street is telling you to sell NVDA
How important are the "normal" cores in an AI workload? Do AI-specific chips like Microsoft's actually threaten Nvidia's business?
Why is currency arbitrage not prevalent in mortgages?
$ARM down 6%; Semiconductors drop amid weak Arm outlook
What do you guys think of CHINA names?
My Portfolio is down 8.4% should I pannick
10/10/2023 - Put options to sell with highest return sorted by %OTM ($50-$100, DTE<14)
Waiting for the carpet tug on this amazing “AI” stock (ARM)
What should i do with the ARM shares bought at IPO 🤔
New rule allows faster listing of options after IPO / ARM Holdings options listed today
Question regarding ARM holding fees
Can't believe I am holding Masayoshi Son's ARM bags
WSB members demanding options for ARM this week
Instacart Seeks a $10B Valuation After ARM’s Successful IPO
when does options trading open for ARM
Forgot to confirm my ARM IPO order for 10K, now its up 25%
Mentions
Was going through my watchlists: Palo Alto Networks (PANW) -17% since October 28th, and ARM -26% in the same time frame. Neither seems particularly exposed to AI (if anything it could be a tailwind), but I suppose the P/E ratios remaining >100 after these drops means this is just a multiple compression? Of course this has prompted me to check up on PLTR, which still has a P/E of 362. While a different company, it seems clear some investors don't care about actual financial metrics. (I wish I hadn't sold at $40, would've been my all time greatest holding, but oh well.)
You obviously have not been paying attention to the details of NVIDIA's technology NVIDIA licenses ARM for all its SoCs. This is not like the Alter a acquisition because NVIDIA is already using and dependent on ARMs IP. ARM CPUs are used in virtually all cell phones and mobile devices. Acquiring ARM would've enabled NVIDIA to easily enter that market and would've greatly decreased NVIDIAs SoC risk due to their dependence on ARM. It would also have enabled NVIDIA to compete with AMD and Intel in the CPU market.
I bought PLTR、TEM、NBIS、CAI、ARM...
it ran stops today yielding a significant profit. Now I'm contemplating whether to reverse the course and start shorting. I'm thinking about ARM (as AMD's too big for that), but fearing the ship has sailed.
Softbank melting. I'm just here to see how long Masa resists before dumping ARM
I’m pretty sure I read that they preferred that but antitrust concerns have made it difficult to find acquisitions that won’t get bogged down in regulatory and legal purgatory. I’m trying to remember where and when I read that. It was probably related to ARM But yeah I guess that doesn’t mean they can’t buy a bunch of robotics companies or Denny’s.
Should I dump ARM? Bags are heavy
Nvidia acquisition of ARM fell through in Feb 2022 , there was no way in hell any company could have taken Nvidia's market share in AI training in just 9 months for the release of chatGPT, Competitors like AMD wouldn't be able to catch up even if you gave them 3 years.
He's talking about Nvidia's failed acquisition of ARM in 2020, that $40 billion price tag would have been worth almost $1 trillion today.
Not so fast... Nymph is coming for PCs in 2026. 5× AI performance increase over standard PCs; Form factor PCI Express Gen 4 ×8 (×16 compatible) Architecture SoC ARM + 4 × Axera NPUs (≈ 180 TOPS INT8) Power consumption ≤ 75 W TDP via PCIe slot Performance ≈ 30 tokens / s (7B LLM model) https://preview.redd.it/9x5mrlkdub2g1.png?width=397&format=png&auto=webp&s=e9a53542208a79cea9022acc55e859d8aa345e42
Even if AI disappeared tomorrow the markets Nvidia sells to are so big. Even PC gamers alone could use GPUs and ARM CPUs or apple for their products or Microsoft/Sony/ Nintendo for game consoles or valve for a steam machine. Lol it is crazy how well positioned they are. (In agreeing with you)
I'm genuinely confused by this statement considering: A) Nvidia's rise had nothing to do with politics and everything to do with companies paying $30000 a pop for H100s in 2020. B) The FTC has never taken an enforcement action against Nvidia during any administration, the ARM acquisition wasn't really blocked on FTC grounds but rather just failed negotations. C) The only way politics have affected Nvidia whatsoever is Trump's trade war causing a pullback in Chinese purchases, something Jensen has repeatedly warned about.
Wait until ARM translation really kicks off with the work Valve is starting to do. Our current phone hardware can run an insane amount of games with the right translation & availability.
Once Bols capitulate tomorrow morning I will go long. Looking at ARM, TTD, TXM, and QCOM calls
ARM partnership but ARM stock still in the dumps
Maybe. Butvut might not be a bottom yet to go for it. Will see. Best of luck for OP. I am considering $ARM, but need more time to see where it consolidates.
Whatever happened to the 500 billion Masayoshi SoftBank Oracle ARM Nvidia OpenAI Meta giant burning man circle jerk???
Nvidia in my opinion is about to get some big pressure. There Blackwell series hasn’t proven to be the generational leap ampere was to hopper. Google is coming in with deploying TPU’s in coreweave and maybe nebius (rumor), cost of memory is going up significantly, AMD finally has a competitive product if they can just not fumble like they always manage to do….. Nvidia flopped with everything ARM except maybe Tegra line with the switch, but their entire grace thing was a bust. Everyone wants x86 and they realized it too with their sneaky intel investment but already got burned with their GB200 and others. Vera Rubin seems great but they are in a tough spot can’t release it too early or the entire b300 lineup will be useless and kernels are finally starting to mature for Blackwell to pick up some steam but the big AI players both in the US and China are still training with hopper. So Nvidia is going to have to make some tough choices soon when it comes to release dates and stay in their lane with CPU choices. Also the power and heat problem their chips keep running into, it seems like the only way they are getting the benchmarks they are is shrinking the node size and pushing more power through it. Of course Blackwell is a beast at quant 4 but most labs still are pushing fp/int 16/8. I think just OpenAI with gpt-oss is the only optimized decent open source model for Blackwell to cruise with.
It's possible they will sell, or they might take more loans against them. They have around $130B of ARM shares at current prices and only $20B loans against them ($11.5B undrawn). They can likely take more loans.
I think SoftBank plans to sell more ARM shares. The question will be at what price. SoftBank IPO-ed 10% of ARM shares while retaining 90% shares (1.06 billion shares outstanding). To liquidate ARM shares in large amounts would depress ARM prices.
The last sentence is spot on. The media has been wrong on this. I looked at the actually earnings presentation and the TMUS share sales were mostly old. The total new cash generated since Sept 30 is $7.25B and SoftBank had only \~$23B standalone cash, which is historically low to mid level for them. Then there is $11.5B capacity for ARM margin loans. But in December they owe $22.5B + $6.5B for Ampere so $29B, and then in April 2026 they have to pay back or refinance the $7.5B bridge loan they took for the first closing. All in all, if they choose to pay back that bridge loan, they owe $36.5B by April and only $18.75B to fund it from known sources. I generally agree they need to sell more of their shares or take more loans against their shares to fill the gap. That's either ARM or T-Mobile. They sold a ton of TMUS this year already. Logic would dictate that they sell some ARM shares or take even more loans against their ARM shares.
Stanley Druckenmiller opened new positions in $GOOG, $ARM & $AMZN
My NVO call I wrote will expire worthless next week as is tradition. Waiting for a ARM or TTD bounce in 1-2 weeks. Still see moderate downside ahead in the market but I don’t want to chase the downside trade here
Still enjoying losing money with Mr. Corey? The market is going down, but bro advised everyone in his discord to “nuke DCA” META calls, to load up on ARM, ORCL, and NVDA. What a reckless clown. Does he still “break down why markets move” for you?
Writing otm FDs on high IV is almost always free money. No idea why or how people trade tickets that consistently average IV of over 50-60% over a long period of time. That being said I’m looking at ARM calls if it falls another 5-10% 😩
I don't know what you mean about them not being actually American. If you mean their place of manufacturing, sure, but the companies that hold their IPs are American, the work put into designing those products was done primarily in the United States and funded with American money, most of the revenue they generate goes to the USA and the government they would obey in the event of a conflict is the American one. It doesn't matter that engineers from all over the world work on those products or that they are manufactured overseas. Right now, as a European, there is basically no way to get something as fundamental as a computer without most of that money going to the United States. Also, if the USA government suddenly decided that these companies can't sell their products to a certain nation, there's nothing that nation could do about it other than start an extremely costly process of either switching or making an alternative because you can't just stop importing CPUs and GPUs and still pretend to maintain a modern economy unless you yourself have companies, which in Europe we don't, and that's why the EU is currently pumping insane amounts of money into any half baked startup that promises making a European CPU (there's also ARM but that's also not in the EU and the CPUs they make are not a replacement for Intel/AMD ones in many of the most important use cases). The USA debt is literally nothing special in today's world. We have France on the same debt/gdp ratio here and other major EU economies at the \~100% mark. Outside Europe there is Japan with a larger debt than the combined GDP of the 3 largest EU economies put together at 234%. Even China is sitting at a debt/gdp of almost 90%, which is still super high. If the USA goes down because of debt, we are all going down with it, together with the entire modern monetary system. Keep in mind that at no time I've said that the USA won't face any trouble. What I'm saying is that I don't think they will face any more trouble than the rest of the developed world will and that the USA has not lost any protagonist on the western economy. I see no reason to start weighing your developed world investments away from the USA, though whether emerging markets should start being a bigger part of most portfolios is a legit debate.
> the issue with 2008 was not really that people over borrowed, but rather central institutions had massive amount of derivitives on these loans Ehh, banks gave out loans they shouldn't have to borrowers who couldn't afford them. Mortgage brokers and banks out the wazoo who originated loans they knew were highly risky, but manipulated the numbers to get the loan financed then sold that mofo off to Freddie/Fannie ASAMFP. All they cared about was collecting a fee for originating the loans. They didn't care about the quality of the loans. Bad credit, ARM loans to make payments appear affordable, over-priced houses, insane house flipping, people thinking the housing market would only go up. THEN all that shit-tier debt was repackaged and thrown into the manure spreader until just about everyone had exposure to it.
What im saying is that NVDA sale was nowhere near enough to cover the commitments. Total cash generated since Sept 30 (from known announcements in earnings) is $7.25B (Including NVDA) which matches up with the $7.5B of bridge loan they need to refinance. $6.5B increase in margin loan matches Ampere. It seems that based on current inform there is NO way to pay for the $22.5B that's due in December. How will they do it without using ARM? Now I don't think they will sell it. They have over 200m ARM shares that aren't being used as collateral for any loan. I think they will take a loan against those to pay for OpenAI.
25% semiconductor industry (TSMC, NVIDIA, ARM, etc.), 25% retail (Walmart, Home Depot, LVMH, Ferrari, etc.), 25% in the defense industry (Airbus, Lockheed Martin, etc.), and 25% gold and Bitcoin."
AMD good news. AVGO no news yet. ARM is just shit.
why is AMD so resilient while AVGO and ARM are heading straight down
thats why he sold his nvda stake. but the banks will smell blood if he's forced to sell some ARM and frontrun him. it will eventually happen but that's a little further out
Are you sure they sold Nvidia to fund OpenAI? After Sept 30, if you take $5.8B from Nvidia sales, $2.9B from hybrid bonds, and subtract the $1.45B spent on OpenAI shares on secondary market that's $7.25B cash generated from known moves in Q3. That's almost an exact match for the $7.5B needed to refinance the drawn bridge loans (due in April 2026). The additional $6.5B of ARM margin loan capacity matches what they need to buy Ampere in December. It looks like these moves were for refinancing existing bridge loans and buying Ampere rather than OpenAI. Which leads to the question: How will they pay for the $22.5B due to OpenAI in December?
He has a margin loan capacity of $20B against 692m ARM shares. $11.5B of that is undrawn. He needs $22.5B for OpenAI, $6.5B for Ampere, and $7.5B to refinance the bridge loan they took for the first tranche of the OpenAI investment. Is there enough cash if he doesn't sell some ARM shares or take more loans against them?
ARM has a good chance of falling below its 200 day. If it falls to 130 or so that might be a great long entry
It was insanely overpriced when it IPOed and then astonishingly kept going higher. I think the reason Son cannot take profits on ARM is because he owns so much of it. Any sell would instantly tank the stock.
I'd be very careful going against the most devious degen in existence. I'd look into things like ARM which Softbank owns like 90% of and might need to sell bits of to feed the Open AI bottomless pit
ARM probably going to 140 at some point this month.
yeah, but they make $100B in the ARM deal, kind of offset all the losers... wework is truly a trash gamble. normal VC will not lose so much on a single deal, they kind of put too much chips on the table and when he realized he might lose before the final card folding is already not an option due to the sunk cost.
AMD? You mean ARM?
ARM just casually tanking after great earnings
NVO goes up 5% when I sell for a 5% gain the day before lol. Anyways I’m waiting to see if ARM retests 140. Depending on price action that could be a good time to punch it long short term
For every 10 losers they make up bigly on like two winners Softbank also owns like the entirety of $ARM
They still hold 90% of ARM, moron
softbank is not known for making good trades either. they sold all of their ARM shares in 2020 for a mere 20% profit over 5 years.
Breaking News: I will be opening GAPE Financial next month. Flagship product is a perpetual ARM interest only mortgage.
Wouldn’t have been better to buy TSM shares? At least you get dividends and AI driven company’s need their chips or: AMD, ASML, ARM, AVGO?
I sold my shares of RDDT, ARM etc the day before liberation day and now look where the share prices are. You can't time anything.
WHY IS ARM SO DOWN! i am down bad. pls go to 152.
Will ARM ever get to 152.50? Im down bad man.
DOWN BIG ON ARM.. will it ever go back to 152?
Why is ARM one of the biggest losers today wtf! bought 1k at 152.50. Down bad, will they ever come back?
This is $CRWV puts, right? Every other mid-cap AI stock is dumping like there's no tomorrow ($IREN, $TSSI, $SMCI, $ARM)
>What is there to build without ARMs designs? x86 or RISC-V. None the less you're implying something I want to clarify, Apple, Broadcom and Qualcomm for their premium SoCs (M4/8 elite) license the ISA -- through something called an ALA (Architecture license agreement). That is they license to use the "ARM language" to put it in human terms. Arm makes limited money on these agreements because the companies are not using an IP from the company -- just the rights to use their language. Alternatively Mediatek and a few others (including some lower teir SoCs from Qualcomm/Broadcom) use a TLA (Technical license agreement). Here the companies buy some IP like the CPU core and some back-end bus/interconnect/memory-management IP and integrate that into their SoC. This is where Arm can make more money. But, many companies are going the ALA route as Arm's TLA cores and IP haven't been very competitive compared to the CPU design teams out of Apple. That is why Qualcomm bought Nuvia to pay smaller royalties and have better/more control of their CPU cores and backend memory IP. Arm is trading where it is because people don't understand what their business model is. They hear Rene Haas say "ARM IS IN DATACENTER!!!!" which is true, but they're getting like a dollar of ALA licensing fees per GPU. Meanwhile AMD and Nvidia are selling their GPUs for what like $150k a pop? My point is there is better places to allocate your money than significantly overpriced Arm.
Not sure they made that much money from ARM
They did one amazing acquisition: ARM
They own a ton of ARM as well
First of all, it's not a bank. Alibaba, ARM, Nvidia, Bytedance are all huge investment success stories.
I wouldn't touch earnings this week. I had ARM. It shot up AR but today it's in the red. Pretty much all stocks are red or at least heading lower the next day regardless of ER.
Man I want to trade ARM more but the option chain volume is absolutely pathetic
It'll be fine. They're mad because ARM made some promising chips, which ARM has a tendency to do. The market have been extremely touchy lately. I think someone needs to buy it some flowers and an ice cream cake.
Oracle gotta be in trouble right? Thinking if we do burst and enter a year long bear that ORCL and ARM will be decent single stock short targets
all ARM gains just disappeared wtf
ARM will go up 6 percent and Qualcomm will go down 2 percent.
so, which one will pump more? ARM of Qualcomm?
Wrong. Current GPUs will die quickly, take too much power to be useful. The companies using up all this Cap Ex aren't wasting it per se, but they know they won't move forward with the insane power draws. They are hoping to keep the narrative going long enough for those better chips to become relevant to inference. But save for maybe Extropic, I don't see any real publicly known solutions to the power problem. Building more power takes years. I'm not holding NVDA for years if they are at the edge of physics now and can't do more than change to ARM architecture, which they are. Apple looks dumb now, but they delayed to build out their servers with the most energy efficient chips that exist now. And we don't know, but they may be adding way more GPU cores to their server chips. Going from 1200 Watt to 200 Watt or less is a huge savings. I simply disagree with the premise and the view that we are energy limited instead of compute limited.
what do you guys think on ARM and QCOM earnings?
Does shorting ARM Holdings seem like a good idea?
There are lots of issues e.g. the Nexperia issue is ongoing. There claims to be a resolution but factories could have stopped and people out of work. This impacts auto and related industries. China has had their US tariffs reduced without doing anything (compared to a lot of "deals"). Bank of Japan spooked investors just like the fed in the US about JPY being too low. This sparked a bit of a selling frenzy that likely spilled to EU / US. As to why - see the yen carry trade. Lots of investors borrow in Japan to trade. Investors are risk off AI (e.g. from NVDA hitting 5 trillion and clouds borrowing lots of $$$), so removing assets. EU isn't free of these e.g. ASML and ARM so those are getting hit hard until they decide to put their risk hat back on and mass buy again.
I really don't understand the hype behind AMD, they will always play second fiddle to Nvidia on GPUs, they are competing with Intel, ARM, Apple, and Qualcomm on CPUs, they have no real moat, yet AMD is twice as expensive as NVDA and with lower margins. Sure, they're doing great, but so what?
Second comment is misleading. While it's true that they use their own TPUs for Gemini training and inference, they still rely on TSMC for fab. For CPUs they use AMD, Intel, and their own ARM based Axion. For Google Cloud AI customers, they make every current major Nvidia GPU offering available https://docs.cloud.google.com/compute/docs/gpus
Credit Default Swaps (CDS) were "insurance" against default on a MBS (mortgage backed security). They were sold waaay cheaper than the actual risk, when the market was roaring in 2005-6 for housing/ARM's etc. The CDS took on the default risk of the MBS, for a "fee". If the assumed default risk of an MBS was 1.5%, and the CDS was paid 2.0% to take on that risk, it was 0.5% "free" to sellers of those CDS, while there were no defaults (market going up). Whole lot of Wall Street took on those risks, for the "free" premium (think cheap PUTS). Market Crash, and default goes to 15% (10x 1.5%), CDS buyer (Burry) goes to CDS seller (Wall Street) and says "pay up".
Calls on PLTR, HIMS, SHOP, SPOT, ANET, ARM, TTD, DKNG!!!
my ARM stocks hope this is true
POET invented a universal integration platform called the Optical Interposer™.Instead of fabricating chips, POET assembles off-the-shelf components — lasers, photodiodes, TIAs — directly onto one silicon optical layer. • This eliminates: • expensive active alignment steps, • multiple assembly processes, • and drastically cuts cost and size. • POET can manufacture through partners like Super Photonics Xiamen and Foxconn. Big players build closed, custom photonics. POET builds a universal, low-cost photonics platform that everyone else can use. So POET isn’t competing with NVIDIA or Broadcom .it’s selling them (and their suppliers) a faster, cheaper way to build optical engines. Think of POET as “the ARM of photonics.” It doesn’t build the GPUs — it enables the entire optical interconnect layer they depend on. POET doesn’t try to beat the giants — it builds the tools they don’t have.It’s an infrastructure-layer company, enabling optical AI connectivity for everyone else.If optical interconnects truly become standard (and they will), POET becomes the “missing middle layer” of the AI hardware revolution .just like ARM was for mobile processors.
POET invented a universal integration platform called the Optical Interposer™.Instead of fabricating chips, POET assembles off-the-shelf components — lasers, photodiodes, TIAs — directly onto one silicon optical layer. • This eliminates: • expensive active alignment steps, • multiple assembly processes, • and drastically cuts cost and size. • POET can manufacture through partners like Super Photonics Xiamen and Foxconn. Big players build closed, custom photonics. POET builds a universal, low-cost photonics platform that everyone else can use. So POET isn’t competing with NVIDIA or Broadcom .it’s selling them (and their suppliers) a faster, cheaper way to build optical engines. Think of POET as “the ARM of photonics.” It doesn’t build the GPUs — it enables the entire optical interconnect layer they depend on. POET doesn’t try to beat the giants — it builds the tools they don’t have.It’s an infrastructure-layer company, enabling optical AI connectivity for everyone else.If optical interconnects truly become standard (and they will), POET becomes the “missing middle layer” of the AI hardware revolution .just like ARM was for mobile processors.
Don't forget that Nvidia tried to acquire ARM few years back but regulations prevented it. Jensen invested into Intel because he may need a favor from orange man
ARM dumps every earnings because they fail to monetize their architecture
Feels like we've found local bottoms unless the greater market continues downwards. If data center related companies (AMD, QCOM, ARM) continue to do well with earnings reports next week, we'll likely see a run up in POET. https://preview.redd.it/0eh666l7diyf1.jpeg?width=1080&format=pjpg&auto=webp&s=87d07f482fdd1473be8fcbe14e8be18910e79274 In with a smaller position and 10k shares myself.
Time to short more TSLA, PLTR and ARM. Naked - no options. Hedge with: GOOGL, MSFT, BYDD, TM No way they gonna outperform those (and stay above 250.0 P/E) long-term.
Has the EU really innovated in the past 30 years? The only thing I can think of is them making ozempic, ARM which powers nearly every mobile CPU and CERN hardron collider.
No. They’ve been using in-house designed chips on ARM architecture fabbed by TSMC/Samsung in mobile devices since about 2010 iirc. In 2020 they shifted all Macs from Intel x86 to ARM chips designed in house and fabbed by TSMC. That gave them an enormous energy efficiency gain that pretty much changed the game, and has made MacBooks in particular some of the best laptops on the market for the last 5 years.
Cloudflare and Coinbase are setting up tokenized transaction protocols to charge bots per view on the web. I think that will be a very moneyful venture All of the chip stonks have gotten AI cashwads.... Except ARM and Qualcomm. All the others have netted me 500%++. Id yolo some beer money into ARM and Qualcomm I think nvidea and Tesla will be big player on robotics. Hard to believe with their fiat to earnings ratio already throbbingly huge, but there's likely more room for them to embiggen. If there were any nonchinese companies that made microservos then I would raw dog those since every humanoid robot will need dozens of those
They are way ahead in device technology in terms of laptops. The ARM transition was a game changer
Google is really ALL the Mag7 combined + OpenAI + Quantum PLUS they are major shareholders in SpaceX, ARM, Uber, ASTS, Planet Labs, GitLab, etc., AND majority of AI startups use their cloud. https://preview.redd.it/1qwq16uef4yf1.jpeg?width=1179&format=pjpg&auto=webp&s=e68b26bd7e8c4ce24bcbdffb90edab827087387c
bought end of week puts at close... I was holding Dec puts on ARM but this short term play was too good to pass up given the insane divergence that continued today
Am I regarded for thinking about buying ARM?
I wish mortgage companies offered a 0 Day ARM.
You're right, didn't mean to say that all the newer servers only use ARM processors, it wouldn't be possible, a lot of dedicated GPUs are still architecturally bound to x86, but x86 is still legacy and is being replaced by the minute.
I don't disagree with that. It is just none of it was both revolutionary and successful yet. There have been very successful innovations like the excellent ARM chips evolution. There were also revolutionary ones like Vision Pro but I would not call these very successful. Not that Jobs did not have flops like Newton. Maybe we just need to give Apple more time.
Nokia holds an ARM license and this could end their arm lawsuit no?