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Skyworks' Revenue Falls; Lantronix Stock Surges - Orange County Business Journal

Two Irvine-based tech companies last week reported quarterly results that are foreshadowing future industry trends.Skyworks Solutions Inc. forecast on April 30 that its fiscal third-quarter sales and adjusted profit will be much lower than analysts expected. It cited slowing mobile device sales. Shares dropped 15% in the following trading session to $90.30, for a $14.4 billion market cap (Nasdaq: SWKS).
United States Orange County San Diego Rick Schafer Jim Peterson Saleel Awsare
Source: ocbj.com

Thanks To Apple, This Analyst Is Optimistic On ARM, Microchip Technology And More Ahead Of Earnings - Qualcomm (NASDAQ:QCOM), Advanced Micro Devices (NASDAQ:AMD)

Key Insights from KeyBanc: Semiconductor Sector Shows Signs of Stabilization Amid Global Tech Shifts. John Vinh reports on trends in AI data centers and automotive corrections, highlighting robust high-end Android demand and gradual traditional demand recovery.
Qualcomm Inc John Vinh Qorvo Inc Avnet Inc Synaptics Inc Lattice Semiconductor Corp

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