but what the hell will be in my next flagship phone I’m planning to buy next summer

Probably a Snapdragon X Elite Extreme Ultra Mega Pro XxxxX or whatever their naming scheme is now.

The odds that ARM will get an injunction preventing Qualcomm from selling chips is basically zero. The courts are rarely going to torpedo an entire company over a dispute like this when the facts are very much in dispute and very... subjective.

This is a scenario where nothing changes until the case ends and then either ARM has to build another moneybin to store their settlement, or literally nothing happens.