The fact that a federal jury ruled in favor of Qualcomm (NASDAQ:QCOM) on two of three counts in its lawsuit with Arm Holdings (NASDAQ:ARM) is seen as a "clear win" for the San Diego-based chipmaker, Wall Street analysts said.

Wilmington, Del., gave wireless-chip maker Qualcomm (QCOM) a partial victory in its legal battle with Arm Holdings (ARM) . Related: Analyst adjusts Qualcomm stock price target ahead of earnings Arm had accused Qualcomm of breaching the terms of a licensing agreement after Qualcomm acquired startup Nuvia in March 2021 for $1.