Qualcomm CEO Saw An Opportunity To Save The Company As Much As $1.4 Billion In Annual Payments To ARM, Which Is Why He Proceeded With Nuvia’s Acquisition

Qualcomm CEO admits why he acquired Nuvia back in 2021

The Nuvia acquisition that happened in 2021 allowed Qualcomm to go ‘toe to toe’ with Apple in making a chipset that featured completely in-house CPU designs that exude incredible performance and efficiency. Powering a multitude of Windows 11 notebook models, the Snapdragon X Elite and Snapdragon X Plus are above and beyond anything that the San Diego has ever produced, but apart from competing with its rivals better, a report reveals that acquiring Nuvia served another goal; saving as much as $1.4 billion in annual payments to ARM, with Qualcomm CEO testifying this little detail during an ongoing trial. The technology provided […]

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