How Intel, ARM's Market Values Have Changed Since the IPhone

ARM’s advantages in faster-growing markets like mobile and intelligent systems are reflected in its shares, which trade at 49 times projected earnings, compared with a price-to-earnings ratio of about 10 for Intel. Photographer: Chris Ratcliffe/Bloomberg

The fact that ARM Holdings is rising while Intel is stumbling as the world goes mobile isn't new. The companies' recent earnings reports were the latest reminder of that.

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