248 Ventures' Bell on What Qualcomm's 4Q Mean for Tech

Discussing Qualcomm and Arm Holdings after earnings, Lindsey Bell, Chief Investment Strategist at 248 Ventures, says semiconductor shares' weak performance may reflect uncertainty about how sustainable the industry's rapid revenue and earnings growth will be over the next six to 12 months. She said potential policy delays after the midterms remain an open question, but existing constraints including energy, equipment and financing bottlenecks could make a slower data-center buildout beneficial by helping companies better size demand. She speaks with Romaine Bostick on "The Close."