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Stocks like Qorvo, Inc. (QRVO), NVIDIA Corporation (NVDA) and Intel Corporation (INTC) are poised to benefit in 2024 as semiconductor sales gather pace.
Through selling its Chinese manufacturing facilities to Luxshare, Qorvo (QRVO) is aiming to streamline its supply chain network.
November was a strong month for both Qorvo Inc (NASDAQ: QRVO) and Qualcomm Inc (NASDAQ: QCOM) but a Morgan Stanley analyst recommends owning only one of them.
Qorvo (QRVO) reported earnings 30 days ago. What's next for the stock?
Qorvo, Inc. (NASDAQ:QRVO ) UBS Global Technology Conference November 29, 2023 2:55 PM ET Company Participants Frank Stewart - SVP and President of Advanced Cellular Douglas DeLieto - Vice President, Investor Relations Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Tim Arcuri - UBS Tim Arcuri I am Tim Arcuri. I'm a semicon analyst here at UBS.
With healthy fundamentals and upward estimate revisions, Qorvo (QRVO) appears to be an enticing investment option at the moment.
GREENSBORO, N.C., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that Company executives are scheduled to present at the UBS Global Technology Conference on Wednesday, November 29, 2023, at 2:55 p.m. Eastern Time (12:55 p.m. Mountain Time).
Qorvo's (QRVO) top line suffers from year-over-year sales drop in several business verticals. However, strength in various end markets such as defense, aerospace and automotive support the top line.
Qorvo (QRVO) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $2.66 per share a year ago.