Skyworks Solutions is a leading provider of semiconductor products, specializing in the design and manufacture of innovative analog and mixed-signal devices
The company primarily serves the wireless communication market, offering a diverse range of products such as amplifiers, filters, and integrated circuits that enable connectivity in smartphones, tablets, and various other consumer electronics. With a focus on high-performance solutions, Skyworks plays a crucial role in advancing the capabilities of mobile technology and the Internet of Things (IoT), catering to the growing demand for efficient, reliable wireless communication systems.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at onsemi (NASDAQON) and the best and worst performers in the analog semiconductors industry.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the analog semiconductors industry, including Skyworks Solutions (NASDAQSWKS) and its peers.
Uncover the potential of SKYWORKS SOLUTIONS INC, an undervalued stock. NASDAQ:SWKS maintains a strong financial position and offers an appealing valuation.
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.
Shares of wireless chips maker Skyworks Solutions (NASDAQSWKS)
fell 30% in the pre-market session after the company reported underwhelming fourth-quarter results and announced it lost some of its business with its largest customer, Apple. Sales came in roughly in line with Wall Street expectations but declined 11.1% year-on-year. SWKS confirmed a significant loss of business in the upcoming iPhone 17 cycle, as management disclosed that the company will be dual-sourced for the iPhone 17 DRX socket, which translates to a significant share loss in Apple's next-generation devices.
During the earnings call, Skyworks warned that it expects its share of the business supplying Apple with radio-frequency components to fall between 20% and 25%.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Thursday. Below you can find the top gainers and losers in today's session.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Curious to know what's happening on the US markets in the middle of the day on Thursday? Join us as we explore the top gainers and losers in today's session.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
