Arm CEO downplays ambitions to make its own chip in Qualcomm case

FILE PHOTO: Qualcomm logo is seen in this illustration taken, May 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(This Dec. 16 story has been refiled to add Arm CEO’s full name and designation in paragraph 7)

WILMINGTON, Delaware (Reuters) - The chief executive of Arm on Monday downplayed the company's ambitions to become a chip supplier in its own right at a trial against Qualcomm, a major customer that pays Arm an estimated hundreds of millions of dollars per year.