NXP Semi, Cavium Offer Soft Q2 View; Skyworks On Tap

By | April 30, 2015

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Chipmakers NXP Semiconductors (NXPI) and Cavium offered mixed Q1 results and soft guidance late Wednesday, with Skyworks Solutions set to report after the close Thursday. NXP, however, was up nearly 3% in early afternoon trading in the stock market today, near 98, after the Apple (AAPL) supplier’s Q1 earnings beat analyst expectations. But its revenue slightly missed and Q2 guidance at the midpoint was below Wall Street expectations. NXP posted Scalper1 News

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