Shares of Qualcomm (QCOM) are up more than 10% in recent hours after the semiconductor maker beat fiscal fourth-quarter expectations for its revenue and profit. The chip company posted revenue of $10.24 billion ($9.91 billion expected) and adjusted earnings of $2.69 per share ($2.56 expected). Qualcomm’s earnings estimates for its fiscal first quarter fell short of Wall Street expectations.

Market Domination Overtime’s Julie Hyman and Josh Lipton provide an overview of Qualcomm’s fourth-quarter performance across segments as the company announces a $15 billion stock buyback program

To see more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.