Cupertino, CA & Greensboro, NC – October 28, 2025 – In a seismic shift poised to redefine the radio frequency (RF) semiconductor industry, Skyworks Solutions (NASDAQ: SWKS) and Qorvo (NASDAQ: QRVO) today announced a definitive agreement to merge in a cash-and-stock transaction valued at approximately $22 billion. This monumental deal, slated to close in early [...]
Shares of communications chips maker Qorvo (NASDAQ: QRVO)
jumped 2.3% in the afternoon session after the stock's positive momentum continued as it announced a merger with Skyworks Solutions in a deal valued at approximately $22 billion and released strong preliminary second-quarter results. The combination of the two companies created a U.S.-based global leader in high-performance radio frequency (RF) chips, which are used in smartphones for companies like Apple. Adding to the positive momentum, Qorvo also posted preliminary second-quarter revenue of $1.1 billion and non-GAAP diluted earnings per share of $2.22. The news prompted favorable reactions from analysts. Citigroup upgraded the stock's rating from "Sell" to "Neutral" and significantly raised its price target by 50% to $105. UBS also adjusted its price target on the stock upward to $108 from $100.
In a blockbuster announcement poised to send ripples across the global semiconductor industry, Skyworks Solutions (NASDAQ: SWKS) and Qorvo (NASDAQ: QRVO) have unveiled a definitive agreement for a $22 billion merger. The transformative cash-and-stock transaction, disclosed on October 27 or 28, 2025, is set to create a formidable U.S.-based global leader in high-performance radio frequency [...]
Shares of communications chips maker Qorvo (NASDAQ: QRVO)
jumped 11.2% in the morning session after the company reported preliminary second-quarter financial results that topped expectations and announced it had agreed to merge with rival chipmaker Skyworks Solutions in a deal valued at approximately $22 billion.
New York, NY – October 28, 2025 – The U.S. stock market commenced trading today with a resounding surge, as the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened significantly higher, pushing further into uncharted record-high territory. This robust opening signals a continuation of the powerful bullish
Cupertino, CA – October 28, 2025 – In a monumental display of market power and investor confidence, Apple Inc. (NASDAQ: AAPL) briefly touched a staggering $4 trillion market capitalization today, becoming only the third public company in history to reach this unprecedented valuation. This landmark achievement unfolds against a backdrop of the
Qorvo has been on fire lately. In the past six months alone, the company’s stock price has rocketed 58.1%, reaching $93.49 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
According to transcripts of the latest earnings call of these companies provided by Koyfin, Apple accounted for 63% of Skyworks’ revenue and 41% of Qorvo’s.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Lattice Semiconductor (NASDAQ:LSCC) and the best and worst performers in the processors and graphics chips industry.
A number of stocks jumped in the afternoon session after investor fears eased as President Trump softened his tone regarding trade relations with China.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Qorvo (NASDAQ:QRVO) and its peers.
