Skyworks Solutions is trading 10.2% up now at $84.38 after investors focused on management’s September 10 Goldman Sachs Communacopia and Technology Conference appearance and continued progress toward the Qorvo combination.
- Coverage also pointed to optimism around merger integration and financing steps, including the extended Qorvo note-exchange deadline.
- The move is notable as semiconductor stocks and major indexes are lower amid hotter inflation and rising yields.