Qorvo Inc is a leading provider of innovative radio frequency (RF) solutions that enable wireless communication across a variety of applications, including mobile devices, infrastructure, and the Internet of Things (IoT)
The company designs and manufactures a diverse range of products such as amplifiers, filters, and switches that facilitate the transmission and reception of signals in cellular networks and other wireless systems. By leveraging advanced materials and cutting-edge technology, Qorvo aims to enhance connectivity and performance in applications ranging from consumer electronics to industrial and automotive sectors, contributing to the ongoing evolution of communication technology.
Apple Inc (NASDAQAAPL) commits $500 billion for AI, data centers, and Apple TV+ productions in the U.S. Plans to hire 20,000 people for R&D and silicon engineering.
Semiconductors are the core infrastructure powering the Information Age. But they’re also susceptible to economic fluctuations as chip demand will ebb and flow with capital spending.
Unfortunately, the market seems to be predicting a downturn as the industry has tumbled by 4.5% over the past six months. This drop is a stark contrast from the S&P 500’s 11.3% gain.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Jan. 27-31, 2025.
Qorvo reported strong earnings but warned that revenue from its largest customer, Apple, will likely remain flat in fiscal 2026, weighing on retail sentiment.
Semiconductor manufacturing equipment maker KLA Corporation (NASDAQKLAC)
will be announcing earnings results tomorrow after market hours. Here’s what to expect.
Communications chips maker Qorvo (NASDAQQRVO) announced better-than-expected revenue in Q4 CY2024, but sales fell by 14.7% year on year to $916.3 million. Guidance for next quarter’s revenue was better than expected at $850 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $1.61 per share was 33.2% above analysts’ consensus estimates.
With analysts forecasting a significant profit decline, Qorvo's potential restructuring under activist pressure draws focus ahead of its earnings release.
After the conclusion of the US market's regular session on Tuesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
Qorvo stock soars after the company reports its third-quarter financial results after Tuesday's closing bell. Here's a look at the key figures from the quarter.
