NASDAQ:QRVO - Nasdaq - US74736K1016 - Common Stock - Currency: USD
Apple said Monday that it is building a factory in Texas to manufacture servers for its AI data centers. Apple stock rose on the news.
Apple Inc (NASDAQ: AAPL) commits $500 billion for AI, data centers, and Apple TV+ productions in the U.S. Plans to hire 20,000 people for R&D and silicon engineering.
Retail traders may see Broadcom and Qualcomm as a natural alternative to Skyworks, given their already established ties with Apple.
Semiconductors are the core infrastructure powering the Information Age. But they’re also susceptible to economic fluctuations as chip demand will ebb and flow with capital spending. Unfortunately, the market seems to be predicting a downturn as the industry has tumbled by 4.5% over the past six months. This drop is a stark contrast from the S&P 500’s 11.3% gain.
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) will be reporting results tomorrow afternoon. Here’s what to expect.
Qorvo reported strong earnings but warned that revenue from its largest customer, Apple, will likely remain flat in fiscal 2026, weighing on retail sentiment.
Qorvo posted a solid earnings beat for Q3 Fiscal 2025, although year-over-year performance reflected ongoing challenges.
Mentions: AAPL
Communications chips maker Qorvo (NASDAQ: QRVO) announced better-than-expected revenue in Q4 CY2024, but sales fell by 14.7% year on year to $916.3 million. Guidance for next quarter’s revenue was better than expected at $850 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.61 per share was 33.2% above analysts’ consensus estimates.
GREENSBORO, N.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced...
Twilio, Qorvo upgraded: Wall Street's top analyst calls
Communications chips maker Qorvo (NASDAQ: QRVO) will be announcing earnings results tomorrow afternoon. Here’s what to look for.
Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. (NASDAQ:QRVO) to Overweight from Equal-Weight, raising the price forecast to $106 from $90. Moore notes that he has seen value in Qorvo stock and attempted to capture it through upgrades, but the results have been only modest. The analyst also highlighted challenges in the radio frequency space, particularly with pressure on the Chinese business, which increases concentration in other areas. Per Moore, while the radio frequency market serv
Apple downgraded, Intel upgraded: Wall Street's top analyst calls