Tag Archives: swks

Chip Fever: Microsemi Ups PMC Bid Over Apple Supplier

Microsemi (MSCC) and Apple (AAPL) supplier Skyworks Solutions (SWKS) grappled again Wednesday for chipmaker PMC-Sierra (PMCS) amid frenzied industry consolidation that also saw On Semiconductor (ON) agree to buy Fairchild Semiconductor (FCS). On Semiconductor put up a $2.4 billion bid for Fairchild Semiconductor, announced early Wednesday. On Semiconductor stock fell 7.9% in the stock market today on the news, while Fairchild stock was up 8.5%,

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

Qorvo Guides ‘Better Than Feared’ On Apple Gains

Apple’s (AAPL) iPhone 6S ramp drove Qorvo’s (QRVO) fiscal Q2 2016 beat late Thursday, and news of a “better than feared” Q3 guidance helped shares continue a meteoric surge Friday on Wall Street. In afternoon trading, Qorvo stock was up 22% at a month-high above 55. Qorvo led fellow Apple chip suppliers Skyworks Solutions (SWKS) stock, which was up 7.5% after its own fiscal Q4 sales beat late Thursday, and Avago Technologies (AVGO), up 6.5%. For