SWKS
Skyworks Solutions, Inc.
September 14, 2026 · pre-market open
- Rarity
- 1.59
- Peak move
- −10.35%
- Float cap
- $13.1B
Skyworks Solutions, Inc. develops, manufactures, and supplies analog and mixed-signal semiconductor products and solutions for wireless connectivity. Its portfolio supports cellular 5G, Wi-Fi, GPS, Bluetooth, and other protocols used in smartphones, automotive, broadband, connected home, industrial, medical, aerospace, and defense applications. The company sells worldwide to original equipment manufacturers, smartphone providers, and baseband reference design partners.
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What we found
9 events · 1 from SEC or newswire · 0 timed with the move- Key event
acquisition_acquirerSkyworks is acquiring Qorvo for $22 billion, with Qorvo holders receiving $32.50 in cash plus 0.960 Skyworks shares per share and Skyworks holders owning about 63% of the combined company.
- Key event
debt_financingSkyworks extended to September 18, 2026 the expiration and withdrawal deadlines of its exchange offers for Qorvo's 4.375% senior notes due 2029 and 3.375% notes due 2031 into up to $850M and $700M of new Skyworks notes, with 90.85% and 93.43% of the series tendered as of September 11, and completed about $2 billion of debt financing for the cash portion of its $22 billion Qorvo merger.
commodity_eventBroadcom reported Q3 AI semiconductor revenue of $16.7 billion, more than double year-over-year, lifting sentiment across the RF chip sector in which Skyworks operates.
product_launchApple made major product announcements including its first foldable smartphone, expected to lift radio-frequency component demand and content per device for suppliers such as Skyworks.
- Key event
executive_remarkSkyworks CEO Phil Brace said at the Goldman Sachs Communacopia + Technology Conference that the $22B Qorvo merger is in its final stages, with HSR and FTC waiting periods expired and debt financing complete, expected to close within the calendar year or as early as the fiscal year, targeting $500M in cost synergies over 24-36 months.
buybackSkyworks outlined a new capital allocation framework at the Goldman Sachs conference including a new $2B share repurchase authorization running to January 2029, replacing the prior authorization that was due to expire in February 2027, and the elimination of the quarterly dividend.
dividend_changeSkyworks said it will no longer declare a quarterly dividend, ending a payout that had yielded about 4.75%, redirecting that capital toward buybacks, deleveraging and M&A as part of a new capital allocation framework.
executive_remarkSkyworks CEO Phil Brace said at the Goldman Sachs conference that the company's data-center businesses are growing at least 50% year over year and are supply constrained with book-to-bill above one, citing long-term targets of 50-55% gross margin, 30-35% operating margin and 35-40% EBITDA margin.
regulatory_approvalSkyworks CEO Phil Brace said China's SAMR has completed the third and final phase of its review of Skyworks' $22 billion merger with Qorvo, with two remaining regulatory jurisdictions still to clear the deal.