Youtube·2025-11-05 23:22Qualcomm Financial Performance - Qualcomm reported Q4 EPS of $3, exceeding street expectations of $2.88, indicating strong performance on the bottom line [1] - Q4 revenue reached $11.27 billion, surpassing the street estimate of $10.77 billion, reflecting robust top-line growth [1] - For Q1, Qualcomm forecasts EPS between $3.30 to $3.50, above the street's expectation of $3.26, and revenue guidance is set between $11.8 billion to $12.6 billion, compared to the street's $11.59 billion [2] ARM Financial Performance - ARM reported Q4 EPS of $0.39, beating estimates of $0.33, showcasing strong earnings performance [3] - Revenue for ARM came in at $1.14 billion, exceeding the expected $1.06 billion, and Q3 revenue outlook was raised to between $1.18 billion to $1.28 billion from an initial estimate of $1.11 billion [4] - ARM's shares initially rose by about 5% following the earnings report, indicating positive market reaction [5] Market Opportunities and Trends - Qualcomm is expanding into various markets including PCs, automotive, and AI data centers, positioning itself against competitors like Nvidia [3] - ARM is capitalizing on the growing demand for AI technologies, with significant interest in custom chip designs and subsystem developments, which have improved their margins [9] - ARM's partnerships with major companies like Google and Amazon for data center solutions highlight its increasing penetration in the market, with ARM-based instances now accounting for approximately 50% of AWS workloads [12] Industry Outlook - The tech industry is experiencing unprecedented demand, particularly in AI, which is expected to drive significant growth for companies like ARM and Qualcomm [7][9] - The total addressable market (TAM) for AI is projected to expand, with ARM potentially doubling its revenue if it captures even a small market share [14]