Qorvo: AI-Related Gains With Apple, Cost Optimization, And Potential Fed Easing
Qorvo(QRVO) Seeking Alpha·2024-08-28 03:51
Eduard Lysenko Qorvo's (NASDAQ:QRVO) share price has dipped from mid-July alongside the iShares Semiconductor ETF (SOXX) as shown in the chart below. However, unlike the ETF which benefited from its artificial intelligence holdings, the stock has not recouped the losses suffered after the Federal Reserve aggressively hiked interest rates in 2022. VAL ● Qorvo Inc (QRVO) Price ● iShares Semiconductor ETF (SOXX) Price 115.52 233.39 180.00 60.00 Jul '22 Jan '23 Jul "24 Jan '22 Jul '23 Jan '24 Seeking AlphaQ Aug ...