ARM vs QCOM: Arm Holdings and Qualcomm as AI Stocks
Arm Holdings (ARM) and Qualcomm (QCOM) are both tracked in the Supercycle AI universe. ARM is the larger company at $355.17B versus $210.66B, and ARM carries the higher AI Exposure Score (55 vs 45, Strategic tier), meaning its business depends more directly on AI demand.
Market data as of the close on . Prices are end of day, not live.
Side by side
| Metric | ARM | QCOM |
|---|---|---|
| Price | $332.56 | $197.24 |
| Market cap | $355.17B | $210.66B |
| 24h change | -0.19% | -0.52% |
| 7d change | +36.31% | +6.71% |
| 1y change | +130.46% | +16.02% |
| P/E ratio | 342.9 | 22.6 |
| AI Exposure Score | 55 (Strategic) | 45 (Growing) |
| Sector | Technology | Technology |
| Buildout layers | Semiconductors | Semiconductors |
ARM's role in the buildout
Arm sits in the Semiconductors layer of the buildout as the architecture landlord. It collects royalties on processors across AI data centers, smartphones, and edge devices, including Neoverse CPUs inside AI servers. Rising royalty rates on AI-related silicon drive the growth story, while smartphone royalties remain the base of the business. That mix earns it an AI Exposure Score of 55 out of 100.
QCOM's role in the buildout
Qualcomm sits in the Semiconductors layer, championing the edge side of the buildout: AI that runs on the device instead of the data center. Its NPU-equipped Snapdragon chips put AI into smartphones, PCs, and cars, and an on-device AI upgrade cycle is a key part of its thesis. Handset demand still dominates revenue, which tempers the exposure. Supercycle scores it 45 out of 100.
Both stocks sit in Semiconductors, so they compete for the same slice of AI spending.
Frequently asked questions
Is ARM or QCOM the bigger company?
Arm Holdings is bigger: $355.17B versus $210.66B by market cap, as of the latest end-of-day data.
Which has more AI exposure, ARM or QCOM?
Arm Holdings does: its AI Exposure Score is 55 (Strategic tier) versus 45 (Growing). The score measures how much of the business depends on AI, not which stock is the better investment.
Build your own comparison of any tracked stocks with the compare tool, or see how the layers fit together in the Start Here guide. Nothing here is investment advice; see the disclaimer.