Yazılar

Apple Supplier Skyworks Solutions Forecasts Strong Q4 Results on Robust Chip Demand

/in /tarafından

Skyworks Solutions (SWKS.O), a key Apple supplier, projected fourth-quarter revenue and profit above Wall Street estimates on Tuesday, driven by sustained demand for its analog chips despite economic uncertainties. The company’s shares rose about 10% in extended trading.

CEO Phil Brace highlighted positive momentum in mobile markets and steady demand across sectors including edge IoT, automotive, and data centers. Skyworks designs and manufactures analog and mixed-signal chips used widely in wireless communications, automotive, industrial, and consumer electronics.

For the fourth quarter, Skyworks expects revenue between $1 billion and $1.03 billion, significantly higher than analyst estimates of $887.4 million. Adjusted earnings per share are forecast at $1.40, outperforming expectations of 97 cents per share.

In the third quarter ended June 27, Skyworks reported revenue of $965 million, beating estimates of $940.9 million. However, profit per share declined to 70 cents from 75 cents a year earlier. The company also recently appointed Robert Schriesheim as interim finance chief after a change in leadership plans earlier this year.

Qualcomm Opens AI Research and Development Centre in Vietnam

/in /tarafından

Qualcomm, the U.S.-based chipmaker, announced on Tuesday the launch of a new artificial intelligence (AI) research and development centre in Vietnam.

The centre will focus on advancing generative and agentic AI technologies across a variety of fields including smartphones, personal computers, extended reality (XR), automotive, and Internet of Things (IoT) applications.

This initiative aligns with Vietnam’s national strategies on AI, semiconductors, and digital transformation. Qualcomm plans to emphasize technology transfer, ecosystem collaboration, and capacity building as part of its operations.

During a meeting in Hanoi, Alex Rogers, Qualcomm’s President of Global Affairs, met with Vietnam’s top leader, To Lam. To Lam encouraged Qualcomm to continue expanding its presence in Vietnam, especially in semiconductor manufacturing and digital infrastructure sectors.

NXP Semiconductor Projects Weak Q1 Revenue Amid Soft Demand

/in /tarafından

NXP Semiconductors has issued a cautious first-quarter revenue forecast, citing sluggish demand from its key industrial and automotive customers. The Netherlands-based chipmaker, known for its role in high-speed digital processing across sectors like automotive, telecommunications, and manufacturing, expects revenue between $2.73 billion and $2.93 billion. The midpoint of this range falls below analysts’ projections of $2.89 billion, according to LSEG data.

The company has been impacted by a slowdown in electric vehicle (EV) adoption and persistently high interest rates, which have led to chip inventory accumulation among automotive clients. With automakers adjusting production and inventory to align with regional demand, NXP’s automotive chip sales—especially those used in advanced driver-assistance systems—have been affected.

Despite the downbeat forecast, NXP’s stock rose 2% in extended trading after it slightly surpassed Wall Street expectations for fourth-quarter revenue and earnings. The company reported Q4 revenue of $3.11 billion, just above the estimated $3.10 billion, and adjusted earnings of $3.18 per share, exceeding the forecast of $3.14 per share.

Revenue from the industrial and IoT segment saw the steepest decline, dropping 22% in Q4. The automotive division fell 6%, while the mobile unit experienced a 2% dip.