A degradation of the 2 chip stockers

Semiconductor Producers Qualcomm (QCOM) and ARM Holdings (ARM) recently reported their quarterly earnings. Qualcomm reported strong earnings results in the first quarter Wednesday, while the arm also delivered a earnings company on top and bottom line. Arms adjusted earnings in the third quarter per

Moor Insights & Strategy founder, CEO and chief analyst Patrick Moorhead joins market dominion overtime to provide insight into the two chip stocks’ performances after earnings.

Despite a solid quarter, arm’s stock due to concern about its valuation and EPS guidance. As Moorhead explains, “Arm is a company that invests in front. It’s probably more R&D, more engineers – but it’s a very expensive stock.”

He also suggests that more details about Arms Stargate project together with Microsoft (MSFT), NVIDIA (NVDA), Openai and Oracle (ORCL) – could help increase its warehouse.

As for Qualcomm, Moorhead notes that although Apple (AAPL) internally modem can pose a challenge, “Qualcomm has been prepared for a scenario where there is no more Apple business,” says Moorhead. He also highlights Qualcomm’s successful diversification with significant growth in its car segment.

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This post was written by Josh Lynch