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Skyworks' (SWKS) first-quarter fiscal 2024 results reflect the negative impact of high inventory levels in the broad market amid a challenging macroeconomic environment.
Microsoft, Google-parent Alphabet, Mondelez and Skyworks all topped earnings expectations.
Skyworks Solutions, Inc. (SWKS) Q1 2024 Earnings Call Transcript
Skyworks Solutions (SWKS) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $2.59 per share a year ago.
Apple supplier Skyworks Solutions beat market estimates for quarterly profit on Tuesday, as stabilizing end-markets and growing usage of 5G technology boost demand for the chipmaker's solutions.
Skyworks Solutions produces a large range of components that are used in various electronic devices. More devices requiring more advanced content per device is a powerful one-two demand punch for the
The market, and most investors and traders, had become bearish regarding semiconductor and chip stocks. You can't really blame them, though – maybe this affected you as well -as during the COVID-19
Skyworks Solutions (NASDAQ: SWKS ), stock has long been seen as a cheap proxy for Apple (NASDAQ: AAPL ), its largest customer. When sales are growing fast, analysts love to talk about Skyworks (which
Expect big things for 2024 as global semiconductor trends accelerate. Analysts forecast that, broadly, 2024 will mark a record year for revenue while the industry prepares to double within the next de
As you look at semiconductor stock picks for 2024, it's important to understand the state of the sector. Semiconductors are in the early stages of a super cycle that may have several years to run.
In the ever-evolving semiconductor sector, savvy investors are eyeing the next big breakthrough. Amidst a robust recovery from recent setbacks, the hunt for premier semiconductor stocks becomes increa
Semiconductor stocks and the companies they represent are ready for big things in 2024. One research firm claims that 2024 will kickstart a prolonged 20% CAGR trend next year, with artificial intellig
Skyworks Solutions reported Q3 revenue of $1.219 billion with flat guidance for December at $1.175 to $1.225 billion. The company expects momentum in its mobile business but anticipates continued inve
In the dynamic world of semiconductor stocks, discerning investors are always looking for the next big opportunity. Consequently, the quest for the top semiconductor stocks to buy has never been more
While innovation typically coincides exclusively with a growth-centric business model, that's not always the case as these tech stocks to buy for growth and passive income demonstrates. With this cate
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