US Markets
Home›US Markets›M&A & Deals›Qorvo merger with Skyworks seen as potential turnaroun…
Qorvo merger with Skyworks seen as potential turnaround catalyst
Antipodes Global Value Strategy pointed to the pending deal and Qorvo's past underperformance, while noting the stock closed at $95.33 per share on Aug. 6, 2026.
Antipodes Partners’ second-quarter 2026 investor letter highlighted Qorvo, Inc. as it discusses its pending merger with Skyworks, framed as a possible catalyst for a turnaround after Qorvo’s period of underperformance. HousingWire reports that Antipodes Global Value Strategy expects the combination to help reduce duplicate capabilities, citing the two companies’ overlap as Qorvo’s largest US competitor.
The letter also characterized Qorvo as a global radio frequency semiconductor supplier serving mobile, infrastructure, aerospace and defense, while tying the company’s market focus to a heavy smartphone concentration. Antipodes said it remains cautious on expensive memory companies due to cyclical pricing and supply, even amid AI demand.
In addition to the merger discussion, the piece included recent stock performance figures for Qorvo. According to the article, Qorvo closed at $95.33 per share on Aug. 6, 2026, the stock returned 12.85% over one month, gained 9.93% over the past 52 weeks, and has a market capitalization of $8.41 billion.