Skyworks Solutions Sees Qorvo Deal Closing This Year, Targets $500M in Synergies

Skyworks Rises 7%, Qorvo Gains 5% as CEO Says $22B Merger Is in Final Stages; Qualcomm Ticks Up

Skyworks CEO Phil Brace just went on the record at an investor conference with a statement that sent both SWKS and QRVO surging, and it shifts the entire risk calculus on one of the biggest chip deals of the decade.

Skyworks Solutions Sees Qorvo Deal Closing This Year, Targets $500M in Synergies

Skyworks Solutions (NASDAQ:SWKS) Chief Executive Officer Phil Brace said the company remains confident its proposed merger with Qorvo will close within the calendar year, with the combined business expected to pursue $500 million in cost synergies and expand its reach in mobile, aerospace and defens

Skyworks Solutions (SWKS) Stock Jumps Nearly 10% on Qorvo Merger Update

Skyworks (SWKS) stock jumped 9.79% after CEO Phil Brace announced the $22B Qorvo merger is nearing completion, expected to close by year-end 2026.

Skyworks (SWKS) Stock Pops 10% After CEO Drops Qorvo Merger Timeline

TLDR SWKS stock surged 9.79% to close at $84.03, up from a prior close of $76.54 CEO Phil Brace said at a Goldman Sachs conference the $22B Qorvo merger is in its final stages and expected to close by end of year Under the deal, Qorvo shareholders get $32.50 cash plus 0.960 SWKS stock per share;...

SWKS Stock Jumps 9.7%—QRVO’s Merger Spread Shrinks to 0.6%

Skyworks Solutions stock jumped 9.7% Thursday, but the cleaner trade may already be crowded. At 1:49 p.m. ET, SWKS was $83.99 and Qorvo was $112.47. The pending takeover formula valued each QRVO share at $113.13, leaving just $0.66—or 0.59%—between Qorvo's market price and the implied consideration. That is a gross spread, not a promised return.…