This lack of leverage may lead Qualcomm to view Arm's threat as a bluff, rather than a genuine attempt to negotiate a settlement. As a result, Qualcomm may be less inclined to compromise, leading to a prolonged and costly legal battle.

A more pressing concern is the potential for Arm to take this lawsuit to trial. If Arm is willing to risk the consequences of a cancelled license agreement, it may be seeking a legal victory that would provide a strong precedent for future business model and pricing changes. While this outcome could be beneficial for Arm, it would also come with significant risks, including the possibility of an unfavorable verdict or a lengthy and costly legal battle.