The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

The battle lines have been drawn. On the heels of Intel saying that it's going after more of the mobile processor market, ARM Holdings announced that it expects its chips to capture a greater share of the PC market. David thinks that ARM's strategy is a compelling one, and that's why he's putting ARM Holdings on the 10-Bagger Portfolio Watchlist.

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David Meier owns shares of Apple. John Reeves owns shares of Apple. The Motley Fool owns shares of Apple, Intel, and Qualcomm. Motley Fool newsletter services recommend Apple and Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.