Qualcomm & ARM Both Crash After Earnings — What Went Wrong Tonight Seatgeek [gg8hlZku5Bw]

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- QCOM drops 4.42% in regular hours, falls another 5%+ after Q3 results disappoint on EPS guidance

- ARM falls 8.11% in jordan peterson regular hours, drops 6%+ after hours as in-line results fail to impress at 80x earnings

- Qualcomm revenue beats at $9.9B, but Q4 EPS guidance of $2.05-$2.25 badly misses the $2.38 estimate

- Handset revenue collapses 20% YoY as memory supply crunch and Chinese OEM weakness bite

- Automotive segment saves the day at Qualcomm, delivering record 61% year-over-year growth

- ARM data center royalty revenue doubles again YoY, but in-line results can't stop the valuation reset

- Both stocks reflect the same AI spending skepticism that hit SK Hynix and Corning this week

- Qualcomm faces a Nuvia patent trial in Q4 FY2026, adding a binary legal risk to the outlook

- burberry ARM's AGI CPU first production revenue not expected until fiscal 2027, widening the narrative gap

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