Will This Incredibly Cheap Artificial Intelligence (AI) Stock Soar in 2025?
Qorvo(QRVO) The Motley Fool·2024-12-21 08:20
This has turned out to be a forgettable year for Qorvo (QRVO 3.24%) investors as shares of the chipmaker are down 38% as of this writing, which is in stark contrast to the 23% gains clocked by the PHLX Semiconductor Sector index in 2024.Known primarily for supplying smartphone chips to the likes of Apple (AAPL 1.88%) and Samsung, shares of Qorvo plunged following the release of the company's fiscal 2025 second-quarter results in October. Though the company's revenue and earnings were higher than Wall Stree ...