Reported about 1 month ago
Qualcomm and Arm Holdings have recently announced their quarterly earnings, with Qualcomm showing strong first-quarter results and Arm exceeding earnings expectations. Arm reported adjusted earnings per share of $0.39 and revenue of $983 million, outpacing projections. However, concerns over Arm's valuation led to a dip in its stock price, despite promising investments in R&D. Meanwhile, Qualcomm remains resilient, facing potential competition from Apple's in-house modem but successfully diversifying its automotive sector.
Source: YAHOO