TSM - Qualcomm (QCOM) stock among Apple suppliers gaining after reported iPhone production boost

Earlier, the Nikkei Asian Review reported that Apple would boost its iPhone production by 30% Y/Y in H1 2020.Apple suppliers seeing green today after the news include Skyworks ([[SWKS]] +4.3%), Cirrus Logic ([[CRUS]] +3.4%), Qorvo ([[QRVO]] +3.3%), foundry giant TSMC ([[TSM]] +2.3%), and Qualcomm ([[QCOM]] +1.3%).Last week, Qualcomm shares fell after a Bloomberg report that Apple was prepping an in-house cellular modem for future devices, which wasn't a surprise given Apple's $1B purchase of Intel's modem business last year.Previously: Apple shares +3.7% after Nikkei reports 30% iPhone production boost for H1 (Dec. 15 2020)

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Qualcomm (QCOM) stock among Apple suppliers gaining after reported iPhone production boost