Qorvo Shares Slide as Weak Outlook Overshadows Strong Q3 Results
Qorvo stock drops 11% premarket after issuing weaker-than-expected Q4 guidance, despite beating revenue and earnings estimates in Q3.
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Skyworks-Qorvo $22B Merger Creates RF Chip Powerhouse
Skyworks Solutions acquires Qorvo in a $22B deal, combining two major Apple suppliers of radio-frequency chips. Transaction expected to close in early 2027 with significant market implications.
Skyworks Eyes Qorvo Acquisition in RF Chip Industry Consolidation
Skyworks Solutions reportedly in talks to acquire rival Qorvo, potentially creating a major RF chip supplier consolidation valued at nearly $20 billion combined.
Skyworks Downgraded: Analyst Warns of iPhone Slowdown and China Headwinds
Mizuho downgrades Skyworks to Underperform, cutting price target to $60. Analyst cites iPhone unit decline, foldable delays, and fading China subsidies as key concerns.