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. Read More
Shares of communications chips maker Qorvo (NASDAQ: QRVO)
jumped 11.4% in the pre-market session after the company reported impressive first-quarter 2025 results, which blew past analysts' revenue, EPS, and adjusted operating income expectations. In addition, its full-year revenue guidance topped Wall Street's estimates. Revenue declined 7.6% compared to the same period last year. Still, performance was better than expected thanks to gains in its High-Performance Analog segment and stable demand from its largest customer in mobile. On the other hand, its inventory levels increased. Still, we think this was a good quarter with some key areas of upside.
Communications chips maker Qorvo (NASDAQ: QRVO) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 7.6% year on year to $869.5 million. Guidance for next quarter’s revenue was optimistic at $775 million at the midpoint, 2.4% above analysts’ estimates. Its non-GAAP profit of $1.42 per share was 41.6% above analysts’ consensus estimates.
QRVO stock rebounds, but still down 46% in 12 months. Hedge fund Starboard adds 7.76% stake. Technicals bearish, but activist investor may shake things up.
Qorvo has gotten torched over the last six months - since October 2024, its stock price has dropped 41.7% to $59.21 per share. This might have investors contemplating their next move.
A number of stocks fell in the afternoon session after markets gave up early gains with optimism over progress in US-China trade talks quickly fading as the Trump administration announced plans to raise tariffs on all Chinese imports to well above 100%.
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 processors and graphics chips industry, including Nvidia (NASDAQ:NVDA) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Intel (NASDAQ:INTC) and the rest of the processors and graphics chips stocks fared in Q4.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Allegro MicroSystems (NASDAQ:ALGM) and the rest of the processors and graphics chips stocks fared in Q4.
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 processors and graphics chips industry, including Qorvo (NASDAQ:QRVO) and its peers.
Apple Inc (NASDAQ: AAPL) 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.
