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Broadcom, Qorvo, Skyworks lead chips lower as Apple iPhone concerns crop up [Seeking Alpha]
Last skyworks solutions, inc. earnings: 1/23 04:01 pm
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US:NASDAQ Investor Relations: investors.skyworksinc.com/investor-relations
Broadcom ( NASDAQ: AVGO ), Skyworks Solutions ( NASDAQ: SWKS ), Qorvo ( NASDAQ: QRVO ) and Cirrus Logic ( CRUS ) saw declines of 5% or more in early Monday trading after TF International Securities analyst Ming-Chi Kuo said the first weekend pre-order shipments for the iPhone 16 line were roughly 37M units, down 12.9% year-over-year, amid "lower-than-expected" demand for the iPhone 16 Pro. Broadcom supplies 5G radio frequency chips to the iPhone maker, while Qorvo and Skyworks make antenna solutions and analog and mixed-signal chips, respectively. Qualcomm ( QCOM ), which provides modem chips for the Cupertino, Calif.-based Apple, was down 1.4% in early trading. Micron ( MU ) shares fell nearly 4% after Morgan Stanley said that the supply of the memory market has caught up with demand. Apple executive Johny Srouji confirmed that the latest iPhone 16 models have 8GB of RAM, up from 6GB, due in part to the need to support Apple Intelligence. Other Apple suppliers, including Tex
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NEWS
- Skyworks Solutions (SWKS) Stock Trades Down, Here Is Why [Yahoo! Finance][Yahoo! Finance]
- Skyworks Solutions (NASDAQ:SWKS) sheds US$1.7b, company earnings and investor returns have been trending downwards for past three years [Yahoo! Finance][Yahoo! Finance]
- Skyworks: 2 Reasons It's Not A Buy Yet [Seeking Alpha][Seeking Alpha]
- Q2 Earnings Highlights: Skyworks Solutions (NASDAQ:SWKS) Vs The Rest Of The Analog Semiconductors Stocks [Yahoo! Finance][Yahoo! Finance]
- Why Skyworks Solutions, Inc. (NASDAQ:SWKS) Could Be Worth Watching [Yahoo! Finance][Yahoo! Finance]
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SWKS
SEC Filings
SEC Filings
- 9/13/24 - Form 4
- 9/13/24 - Form 144
- 9/10/24 - Form SC
- SWKS's page on the SEC website
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