Tag Archives: nxpi

InvenSense Beats Apple Odds, Rockets On Q2 Earnings

InvenSense (INVN) stock rocketed Thursday on Wall Street after the Apple (AAPL) chip supplier reported fiscal Q2 earnings that beat forecasts and jumped 220% year over year. San Jose, Calif.-based InvenSense closed up 11% at 11.82. But InvenSense’s Q2 score didn’t drag other Apple chip suppliers out of the mire created by NXP Semiconductors (NXPI), which crashed 19.7% Thursday after missing Q3 revenue forecasts and guiding Q4 flat to down. Avago

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