Qualcomm Vs. Arm: Pre-Earnings Semiconductor Showdown
Arm plc(ARM) Benzinga·2024-11-05 18:48
As Qualcomm Inc QCOM and Arm Holdings PLC ARM gear up to release their earnings Wednesday, the two semiconductor giants face bearish technical pressures but diverge in their growth paths. Qualcomm: Navigating Challenges Amid Bearish TechnicalsQualcomm, a mainstay in mobile chipsets, faces strong bearish signals. Chart created using Benzinga ProQCOM stock is trading at $165.87, well below its eight, 20, and 50-day simple moving averages. Analysts expect fourth quarter EPS of $2.56 on revenue of $9.91 billion ...