Scalper1 News
No downcycle here. Days after a chipmaker warned of a broad industry slowdown, Skyworks Solutions (SWKS) on Tuesday raised its Q4 guidance, sending its shares rising. Skyworks is among several radio-frequency chipmakers that analysts say are well-positioned as suppliers for Apple (AAPL) iPhones and iPads. Skyworks on Tuesday said it now expects revenue of $718 million for its fiscal Q4 ended Sept. 30, up 51% from the year-earlier quarter. The Scalper1 News
Scalper1 News