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2023-05-15 14:36:33 ET Micron Technology ( NASDAQ: MU ) led S&P 500 semiconductor stocks higher on Monday after Citi reiterated it is one of the firm's favorite chip stocks to own once the current downturn ends. In a note to clients, Citi analyst Christopher Danely said ...
2023-05-14 23:25:14 ET Summary Seth Klarman’s 13F portfolio value decreased from $6.13B to $5.85B this quarter. Baupost Group increased Alphabet and Fidelity National Information Services while dropping Meta Platforms, Micron Technology, and Amazon.com. The portfolio co...
2023-05-12 14:28:50 ET AMD ( NASDAQ: AMD ) shares led the semiconductor sector lower on Friday as investment firm Morgan Stanley said it saw deflation in the overall chip economy caused by artificial intelligence. "AI investment crowding out server spending in cloud as cloud spe...
2023-05-09 12:40:35 ET Summary We’re upgrading Qorvo, Inc. to a buy. We believe customers' inventory correction in the IoT and smartphone OEMs impacting its top line and margins over the past four quarters are now behind the company. We see growth in the second half of ...
2023-05-08 13:03:51 ET Semiconductor stocks were largely flat on Monday, though AMD ( NASDAQ: AMD ) continued last week's outperformance following its first-quarter results and AI-linked news. AMD ( AMD ) shares gained more than 5% to trade near $95 at mid-day after it w...
2023-05-04 08:48:17 ET Shares of semiconductor company Qorvo ( NASDAQ: QRVO ) surged nearly 7% in pre-market trading on Thursday as Wall Street analysts saw positives from the company's fourth-quarter results and guidance and noted that the smartphone recovery is starting to...
2023-05-03 20:07:07 ET Qorvo, Inc. (QRVO) Q4 2023 Results Conference Call May 03, 2023 05:00 PM ET Company Participants Douglas DeLieto - VP, IR Bob Bruggeworth - President and CEO Grant Brown - CFO Dave Fullwood - SVP, Sales and Marketing Conference Ca...
2023-05-03 16:02:08 ET Qorvo press release ( NASDAQ: QRVO ): Q4 Non-GAAP EPS of $0.26 beats by $0.13 . Revenue of $632.7M (-45.9% Y/Y) beats by $11.35M . Qorvo’s current outlook for the June 2023 quarter is: Quarterly revenue of $620 million to $...
GREENSBORO, N.C., May 03, 2023 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2023 fourth quarter ended April 1, 2023. On a GAAP basis, revenue for Qorv...
2023-05-02 11:08:09 ET Broadcom ( NASDAQ: AVGO ) was among the largest decliners in the semiconductor industry on Tuesday as the sector sold off on banking and Fed-related fears, despite strong earnings and guidance from NXP Semiconductors ( NASDAQ: NXPI ). There was no ...
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GREENSBORO, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 first quarter financial results on Tuesday, July 30, 2024, at 5:00 p.m. (ET). The conference call will b...
2024-06-26 10:15:00 ET Known for primarily supplying chips to smartphone manufacturers, Qorvo (NASDAQ: QRVO) has delivered underwhelming returns on the stock market so far in 2024 with a flat performance. That's quite weak compared to the 32% gains that the PHLX Semiconductor Sect...
2024-06-12 06:15:04 ET UBS analyst issues NEUTRAL recommendation for QRVO on June 12, 2024 05:02AM ET. The previous analyst recommendation was Neutral. QRVO was trading at $104.07 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current an...