Qualcomm Inc.’s chief executive officer told a jury that its business suffered when customers were misled by computer-chip designer Arm Holdings Plc about the companies’ licensing agreement for chip technology vital to the electronics ecosystem.

By Tom Hals and Max A. Cherney 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,

Arm Holdings Plc’s legal dispute with Qualcomm Inc. is being argued before a federal jury in Delaware this week, pitting two of the world’s most influential chipmakers against each other in an intellectual property case that threatens to roil the technology industry.

A legal battle between Arm and Qualcomm that could disrupt a wave of artificial intelligence PCs began on Monday, as the chipmakers laid out contrasting versions of a contract dispute, describing it as a matter of corporate deception or an attempt to stifle competition.