Tag Archives: crus

Apple, GoPro, FitBit Chip Suppliers Enter IoT Melee

Apple (AAPL) chip suppliers Skyworks Solutions (SWKS), Cirrus Logic (CRUS), Qualcomm (QCOM) and InvenSense (INVN) are making early inroads into the nascent Internet of Things, whose development is forecast to yield economic impact in the trillions of dollars by 2025. But it’s early days yet — even an Ambarella (AMBA)-powered GoPro (GPRO) couldn’t fly high enough in 2015 to spot the ultimate IoT-age winner. ‘Move The Needle’ The market is forecast

Apple Chip Supplier Cirrus Logic Smashes Forecasts

Apple (AAPL) chip supplier Cirrus Logic (CRUS) smashed analysts’ fiscal Q2 2016 earnings and revenue forecasts when it reported late Wednesday. In response, shares continued flying after hours on Wall Street. Cirrus Logic stock closed up 7.7% for the day at 31.62 and was up nearly 5% in early after-hours trading. NXP Semiconductors (NXPI) stock, which also supplies chips for the iPhone 6S series, closed up fractionally ahead of its fiscal Q3

Apple Chip Stocks Rise On iPhone Maker’s Earnings

Better-than-expected Apple (AAPL) earnings late Tuesday lifted the iPhone maker’s chip suppliers in the stock market today. Cirrus Logic (CRUS), Qorvo (QRVO), Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI) all fell sharply Monday as Germany’s Dialog Semiconductor, which makes power-management integrated circuits for the iPhone, issued weak fourth-quarter revenue guidance. But Apple allayed some of those fears with its fiscal Q4 beat and