Arm has canceled Qualcomm's license to use its chip design standards after a long-standing feud.Arm sent Qualcomm a 60-day notice of cancellation, which could have a significant impact on both companies.The dispute stems from Qualcomm's acquisition of Nuvia, an Arm licensee, without obtaining necessary permits.Qualcomm may have to stop selling most of its chips if the issue isn't resolved within the next 60 days.