Apple supplier Skyworks stock plummets

Apple supplier Skyworks stock plummets as iPhone maker turns to competitor
Apple ( AAPL) supplier Skyworks Solutions ( SWKS) saw its stock drop nearly 25% Thursday as the semiconductor firm said that it's losing business with the iPhone maker to one of its competitors, which analysts believe to be Broadcom ( AVGO ).
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’
Skyworks’ stock saw its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in on the action for a lucrative iPhone socket.
Skyworks Stock Crashes on Warning Apple Supplier Will Lose Some iPhone Business
Shares of Skyworks Solutions slid, after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales. Apple is the company's largest customer. Late Wednesday,
Skyworks Solutions sinks as Apple plans to cut content demand for new iPhone
Skyworks Solutions' (NASDAQ:SWKS) shares sank more than 25% during early Thursday trading after the company reported that its largest customer, Apple (NASDAQ:AAPL), plans to reduce its dependence on Skyworks for its iPhone 17 model.
Skyworks' Shares Drop as Competitor Cuts Into Apple Business, New CEO Named
Shares of Skyworks Solutions slid after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales this year. The company on Wednesday also named a new chief executive and said it would spend $2 billion to buy back shares.
Skyworks shares hold as Apple content cuts loom
Needham maintained a Hold rating on Skyworks Solutions (NASDAQ:SWKS) shares following the company's recent earnings report. The $13.9 billion market cap company, currently trading near its 52-week low,
Lockheed Martin’s Pension Bought Nvidia, Apple, Broadcom Stock. It Sold Walmart.
Lockheed Martin’s pension materially increased stakes in Nvidia, Apple, and Broadcom stock, while slashing a position in ...
Prediction: This Artificial Intelligence (AI) Chip Stock Will Win Big From DeepSeek's Feat
Chinese artificial intelligence (AI) start-up DeepSeek sent shockwaves through the U.S. tech sector after its cost-effective, ...
Why Apple Stock Dodged the DeepSeek AI Rout
Shares of Apple charged higher on Monday, bucking the trend as its large-cap tech peers tumbled on concerns about ...
This AI stock might be worth more than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Prediction: 2 AI Stocks Will Be Worth More Than Tesla Stock by Year-End 2025
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO ...
Broadcom: Buy The DeepSeek Fear
Broadcom’s stock dip due to DeepSeek AI presents a solid investment chance. Find out why AVGO, with strong growth prospects, ...
Yeni Şafak2d
Apple upheld market cap dominance in January while Meta earned the most among top 10
Tech billionaires, who made a splash appearing at Donald Trump's inauguration, maintained prominence in January, while ...
Nvidia, SMCI, Broadcom, And Other Tech Stocks Slide In Monday Pre-Market As Trump Imposes Tariffs On Imports From China, Mexico, And Canada
U.S. technology stocks tumbled in pre-market trading Monday after President Donald Trump imposed substantial tariffs on ...