Arm Holdingsvs.Qualcomm
ARM vs QCOM · both in Chips & accelerators, part of the AI & digital infrastructure value chain: Designs and builds the processors, accelerators and memory that train and run AI.
Arm Holdings is about 1.7× larger than Qualcomm by market cap; Qualcomm trades at the lower P/E (20.0 vs 301.1); year to date, Arm Holdings leads (+176.8% vs +3.5%).
Supply-chain link: Arm Holdings supplies Qualcomm.
Side by side
| ARM | QCOM | |
|---|---|---|
| Market cap | $314B | $185B |
| Price | $275.29 | $176.01 |
| Today | −6.5% | −0.6% |
| Return YTD | +176.8% | +3.5% |
| Return 1Y | +93.7% | +7.0% |
| Since June 26, 2026 | −17.6% | −7.1% |
| P/E | 301.1 | 20.0 |
| P/S | 61.0 | 4.2 |
| P/B | 36.4 | 6.7 |
Data as of 2026-10-08 · updates daily after U.S. close
Since June 26, 2026: the change in the closing price, from the daily closes Sectivia records itself since that date.
The two companies
Arm HoldingsARM
Licensing, not manufacturing: the CPU architectures and instruction sets (Cortex, Neoverse) that nearly every mobile and server chip is built around come from Arm, which takes a royalty on each chip produced.
Full ARM profile →QualcommQCOM
Snapdragon made Qualcomm the reference point in mobile silicon. Its NPUs run models on the handset or PC itself, and the same platforms now go into cars.
Full QCOM profile →More ARM & QCOM comparisons
Other head-to-heads in the Chips & accelerators segment.