Core Insights - Skyworks, Inc. reported preliminary results for the fourth fiscal quarter and fiscal year ending October 3, 2025, highlighting significant financial metrics and a strategic merger with Qorvo [1][4]. Preliminary Fourth Fiscal Quarter Results Highlights - Revenue for Q4 was $1.10 billion, with a GAAP operating income of $135 million and a non-GAAP operating income of $264 million [7]. - GAAP diluted EPS was $1.07, while non-GAAP diluted EPS reached $1.76 [7]. - Operating cash flow amounted to $200 million, and free cash flow was $144 million [7]. - A quarterly dividend of $0.71 per share was declared [7]. Preliminary Annual Fiscal 2025 Results Highlights - Total revenue for the fiscal year was $4.09 billion, with GAAP operating income of $524 million and non-GAAP operating income of $995 million [7]. - GAAP diluted EPS for the year was $3.20, and non-GAAP diluted EPS was $5.93 [7]. - Operating cash flow for the year was $1.30 billion, with free cash flow of $1.11 billion [7]. Merger Agreement - Skyworks announced a definitive agreement to merge with Qorvo in a cash-and-stock transaction, aiming to create a leading U.S.-based entity in high-performance RF, analog, and mixed-signal semiconductors [4]. - The merger is expected to close in early 2027, pending regulatory and shareholder approvals [4]. Upcoming Financial Reporting - Skyworks plans to report detailed fourth quarter and full year 2025 results on November 4, 2025, followed by a conference call to discuss the results [5].

Companies to host joint conference call and live webcast today at 8:00 a.m. EDTKey Highlights Enhances scale with revenue of $7.7 billion and Adjusted EBITDA of $2.1 billion1Combines complementary product and technology portfolios and world-class engineering capabilities, creating R&D scale to deliver innovative RF solutionsCreates $5.1 billion mobile business positioned to address rising RF complexityEstablishes $2.6 billion diversified Broad Markets platform with a growing and profitable TAM across defens ...

GREENSBORO, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced preliminary financial results for Qorvo’s fiscal 2026 second quarter ended September 27, 2025. On a GAAP basis, preliminary financial results for Qorvo’s fiscal 2026 second quarter are revenue of $1.1 billion, gross margin of 47.0%, and diluted earnings per share of $1.28. On a non-GAAP basis, preliminary financial results are gross margin of 49.7%, and dil ...

Shares of Apple supplier Qorvo (NASDAQ:QRVO) surged 11% in pre-market trade on Tuesday, after a report said rival Skyworks Solutions (NASDAQ:SWKS) held talks in recent months to buy the company. Qorvo’s $8 Billion Market CapSkyworks, which supplies radio frequency chips to Apple (NASDAQ:AAPL) and other smartphone makers, has a market cap of about $11 billion, while Qorvo’s market cap stands at over $8 billion, as per Benzinga Pro data. The deal was first reported by The Information and picked up by other me ...

Core Viewpoint - The rumored acquisition of Qorvo by Skyworks Solutions could significantly reshape the RF chip market and enhance the bargaining power with key clients like Apple [4][5][6][8]. Group 1: Acquisition Details - Acquirer: Skyworks Solutions, a prominent semiconductor company providing RF chips and wireless communication solutions primarily for Apple and Samsung [1]. - Target: Qorvo, a major player in the RF semiconductor sector, also supplying Apple and other Android manufacturers, with operations in 5G, IoT, and defense [3]. - Rumored acquisition price: Approximately $8 billion, reflecting Qorvo's value as an industry leader [4]. Group 2: Potential Impacts and Analysis - Creation of an RF chip giant: The merger would result in a significant new entity in the RF front-end market, enhancing competitive positioning against other giants like Broadcom [5]. - Strengthened bargaining power with key clients: The combined entity's importance in Apple's supply chain would likely increase, potentially improving negotiation leverage, though it may raise concerns about supply chain concentration [6]. - Significant synergy effects: The merger could lead to integrated R&D resources, reduced redundant expenses, and cost savings through economies of scale, thereby enhancing profitability [6]. - Facing strict antitrust scrutiny: The merger's success is uncertain due to potential regulatory challenges from antitrust authorities in the US, EU, and China, which may require divestitures of overlapping businesses or even block the deal [6]. Group 3: Market Reaction and Current Status - Rumor status: The news was initially reported by The Wall Street Journal, with no official announcements from Skyworks or Qorvo yet, leaving the deal's terms and feasibility uncertain [8]. - Market reaction: Following the rumors, Qorvo's stock price surged while Skyworks' stock price declined, indicating differing market perceptions regarding the deal's prospects [8].

Group 1 - Skyworks Solutions has engaged in discussions to acquire rival Qorvo, as reported by The Information [1] - The talks have taken place in recent months, indicating a potential strategic move within the semiconductor industry [1] - Skyworks Solutions is known for supplying radio frequency chips to major clients, including Apple and other smartphone manufacturers [1]

Skyworks Solutions, Inc. (SWKS), headquartered in Irvine, California, is a semiconductor company that designs, manufactures and markets high-performance analog and mixed-signal semiconductors enabling wireless connectivity across mobile, IoT, automotive and infrastructure markets. The company’s market cap is around $11 billion. The company is expected to announce its fiscal fourth-quarter earnings for 2025 on Nov. 4, after the market closes. Ahead of the event, analysts expect Skyworks Solutions to report ...

Investment Rating - The industry investment rating is "Outperform the Market" (maintained) [3][36] Core Viewpoints - The report highlights that artificial intelligence (AI) is driving a semiconductor supercycle, with significant investments and collaborations in the sector, such as Anthropic's partnership with Google, which includes a deal for up to one million custom TPU chips [3] - Major memory manufacturers like Samsung and SK Hynix are expected to raise prices of DRAM and NAND storage products by up to 30% in response to the surge in AI-driven demand [3] - Amphenol reported a 53.35% year-on-year increase in revenue for Q3 2025, driven by the growing demand for data center solutions [3] - The report anticipates a substantial increase in overall computing power by 2035, predicting a growth of up to 100,000 times, emphasizing the transformative potential of general artificial intelligence [3] Summary by Sections 1. Market Review - The electronic industry saw a weekly increase of 8.49% from October 20 to October 24, with the communication sector leading at 11.55% [6] - The Philadelphia Semiconductor Index rose from 6,885.03 points to 6,976.94 points during the same period, indicating a positive trend since April 2025 [11] 2. Industry High-Frequency Data Tracking 2.1 Panel Prices - TV panel prices are expected to stabilize due to healthy inventory levels, with no significant changes anticipated for various sizes [17] 2.2 Memory Prices - Prices for DDR5 and DDR4 memory chips have shown an upward trend, with DDR5 increasing from $10.457 to $12.615 and DDR4 from $24.333 to $24.721 between October 20 and October 24 [21]

Core Insights - Skyworks Solutions, Inc. will host a conference call on November 4, 2025, at 4:30 p.m. EST to discuss its fourth quarter fiscal 2025 results and business outlook [1] - An earnings press release will be issued after the market closes on November 4, and it will be available on Skyworks' website [3] - The conference call can be accessed through the investor relations section of Skyworks' website, with a playback available starting at 9 p.m. EST on the same day [4] Company Overview - Skyworks Solutions, Inc. specializes in high-performance analog and mixed-signal semiconductors, contributing to various applications including aerospace, automotive, broadband, and connected home technologies [5] - The company operates globally with facilities in Asia, Europe, and North America, and is a member of the S&P 500 index [6]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Company Ratings and Analyst Insights - Infosys Ltd (NYSE:INFY) has a dividend yield of 3.14%. BMO Capital analyst Keith Bachman maintained a Market Perform rating and raised the price target from $18 to $20, with an accuracy rate of 79%. Stifel analyst David Grossman maintained a Hold rating and reduced the price target from $18 to $17, with an accuracy rate of 65% [7] - Texas Instruments Inc (NASDAQ:TXN) has a dividend yield of 3.24%. Citigroup analyst Christopher Danely maintained a Buy rating but cut the price target from $260 to $235, with an accuracy rate of 80%. B of A Securities analyst Vivek Arya downgraded the stock from Neutral to Underperform and reduced the price target from $208 to $190, with an accuracy rate of 82% [7] - Skyworks Solutions Inc (NASDAQ:SWKS) has a dividend yield of 3.81%. Citigroup analyst Atif Malik maintained a Sell rating and raised the price target from $63 to $66, with an accuracy rate of 83%. Susquehanna analyst Christopher Rolland maintained a Neutral rating and increased the price target from $60 to $75, with an accuracy rate of 77% [7] Group 2: Recent Company News - Infosys reported better-than-expected quarterly results on October 16, 2025 [7] - Texas Instruments appointed CEO Haviv Ilan as board chairman effective January 2026, succeeding Rich Templeton [7] - Skyworks appointed Phil Carter as chief financial officer on August 25, 2025 [7]