ARM
Arm Holdings plc
stock NASDAQ ADR

Man, the Trader State vs caveman brain split is so real. I started calling mine "spreadsheet me" and "lizard me" and lizard me has done some truly unhinged things at 9:32am that spreadsheet me spent all weekend planning against.

The anticipation part is what I slept on for years. I'd do all this prep work and then act surprised when a loss made me feel like I needed to punch back. Like clockwork every single time. These days I literally have a sticky note on my second monitor that just says "you're about to feel something and it's fine" and I glance at it before I enter anything.

Never heard of Howell but the ARM framework makes a lot of sense, especially the recognize step being tied to physical tells. I catch myself leaning in like I'm gonna intimidate the chart into reversing and that's usually my cue to stand up and walk away for five minutes.

Man, the Trader State vs caveman brain split is so real. I started calling mine "spreadsheet me" and "lizard me" and lizard me has done some truly unhinged things at 9:32am that spreadsheet me spent all weekend planning against.

The anticipation part is what I slept on for years. I'd do all this prep work and then act surprised when a loss made me feel like I needed to punch back. Like clockwork every single time. These days I literally have a sticky note on my second monitor that just says "you're about to feel something and it's fine" and I glance at it before I enter anything.

Never heard of Howell but the ARM framework makes a lot of sense, especially the recognize step being tied to physical tells. I catch myself leaning in like I'm gonna intimidate the chart into reversing and that's usually my cue to stand up and walk away for five minutes.

What OP is missing: xAI also entering the datacenter market with their own chips, SoftBank/ARM also entering the market with their own chips. Potentially OpenAI and Anthropic also making their own chips.
But everybody will be waiting for the future Qualcomm GPUs?

Qualcomm is making a pretty aggressive bet on data centers.
Management is targeting **>$15B of Data Center revenue by FY2029**, with the business spanning server CPUs, AI accelerators, custom silicon, high-bandwidth compute and connectivity.
And this isn’t just a PowerPoint announcement anymore:
Meta has a multigeneration agreement around Qualcomm’s Dragonfly server CPU.
Microsoft is involved with Qualcomm’s High Bandwidth Compute architecture.
Amazon just announced a multigeneration collaboration with Qualcomm covering custom AI inference silicon and optical connectivity.
Qualcomm is targeting production of its C1000 server CPU in 2028.
But here’s what I genuinely don’t understand:
**Can Qualcomm actually scale this into a major data-center business against Nvidia, AMD, Broadcom/Marvell and the hyperscalers’ own silicon?**
Nvidia has the obvious advantage in AI accelerators and software/CUDA.
AMD already has server CPUs + GPUs.
Broadcom has enormous custom-ASIC and networking experience.
Amazon, Google, Microsoft and Meta are all developing their own silicon.
And Qualcomm itself previously attempted the server CPU market and eventually pulled back.
On the other hand, Qualcomm has some potentially interesting advantages:
Strong ARM CPU/IP expertise
Very strong power-efficiency/system-level design background
Custom silicon experience
Connectivity/SerDes/optical capabilities
Existing relationships with major hyperscalers
A strategy that isn’t simply “replace Nvidia GPUs” — it also targets inference, custom silicon and rack-level connectivity
So I’m not asking whether QCOM will “destroy Nvidia.”
I’m asking something more realistic:
**Can Qualcomm establish a durable $10–15B+ annual data-center business by FY2029?**
And what is the biggest thing that could prevent it?
**Nvidia’s software moat?**
**Hyperscalers designing internally?**
**AMD/Broadcom competition?**
**Qualcomm execution?**
**Power/performance not being good enough at scale?**
**Or is the AI infrastructure market simply large enough for another major player?**
I’d especially like to hear from people who understand data-center hardware rather than just QCOM/NVDA stock bulls.
**Bull case vs bear case — what am I missing?**

Ah should have let my winners run. Sold ARM for a nice 200% but now it’s really up