Jay Goldberg

The near-term issue is memory.

Memory prices are expensive.

That cuts into everybody's margins.

It's going to eventually cut into consumer demand.

Phones will be more expensive because of the memory.

It's a well-known story.

So I think that's a near-term headwind.

Longer term, I think Qualcomm has some pretty significant challenges, and I'm not sure they're ready to address them yet.

I know they are, but the protesters have said, you know, where are the Americans?

You promised them we would have their back.

Do we still have their back?

So, Texan is a stock, a company that runs its stock deliberately boring.

Like, they want to be as boring as possible.

So, a little bit of a beat here is actually pretty significant.

I don't want to overdo it, but it's good news, right?

For Texan, you know, $100 million over expectations is a good number.

EPS also looks a little bit higher than consensus, too.