IPhone Chip Suppliers Feel Burn As Apple Implodes

By | August 4, 2015

Scalper1 News

Apple (AAPL) shares got whacked again in the stock market today, and the stock’s plunge also looks to be affecting its chip suppliers, including Skyworks Solutions (SWKS), Cirrus Logic (CRUS) and Qorvo (QRVO). Shares sank as much as 4.3% in huge volume Tuesday, dropping to their lowest level in more than six months. The stock has now fallen for 10 out of the past 11 straight sessions. In Monday’s session, the stock broke below its 200-day moving Scalper1 News

Scalper1 News