Arm and Qualcomm Lead Mobile Chip Design. 1 Stock Is the Better Buy.

Impact · against what's priced in

The article provides no new catalysts for Qualcomm or Arm, as it merely recaps earnings misses and market share data already reflected in their current valuations. The reported price drops from November 4 and the structural industry positions are already baked into the market's assumptions.

ARM+0.00

Already priced in

The price assumes

The current 22.8% revenue growth and 92.5% gross margin

The 14% price decline following a weak outlook and Arm's 99% architecture market share are already incorporated into the current valuation.

What ARM's price assumes · Sep 11

• ARM▲3875%
• QCOM▲1213%
• guidance▲16%
• earnings
• tech stocks
• semiconductors
• chip design