Tyler Crowe

We've got earnings galore on Motley Fool Hidden Gems Investing.

Welcome to Motley Fool Hidden Gems Investing.

I'm your host, Tyler Crowe, and today I'm joined by longtime contributors John Quast and Matt Frankel.

We're going to do a whole bunch of earnings reactions today because it's been a busy week related to earnings.

And of course, we're going to hit our mailbag at the end of the show.

First, as we're going to start, we're going to talk about basically semiconductor earnings because it has been one of the big talking points of the week.

Arm Holdings and Advanced Micro Devices, AMD, both reported within the past couple of days.

And after both earnings, we saw shares explode as they blasted past earnings expectations, 15%, 20% moves in the day.

We're going to start with Arm Holdings today because shares are quickly retreating after the company mentioned on its call after hours,

that mobile growth was, well, not really growth, and that rising costs were going to impact commodity mobile device sales.

John, Matt, you two played rock, paper, scissors to cover the two.

John, you happened to pick Arm Holdings as a result.

What did you see in the earnings release and the conference call?

And was today's reaction to this, hey, maybe mobile growth isn't great, was that like an appropriate response, do you think, to what you saw?

To say that high valuations, that seems to be par for the course for just about anything that's tangentially related to AI infrastructure or semiconductors, whatever.

And in that vein, we have another relatively highly valued company here with AMD, whose shares jumped as much as 20% yesterday after earnings release.

Now, Matt, I didn't get a chance as much to look over the details, but I bet it had to do with AI spend.

I mean, prove me wrong.

I want to kind of expand on what John was talking about with Arm getting into building their own chips now.

Because we're seeing more and more companies wanting to do this.