** Shares of chip firm Skyworks Solutions SWKS.O tumble 23% to $67.00 in extended trade

** The Apple supplier expects Q2 profit below estimates and decline in revenue across its segments in Q2

** Co names former Intel INTC.O and Inseego INSG.O executive Philip Brace as its next CEO

** Expects Q2 adj EPS of $1.20, below estimates of $1.22

** Q2 revenue forecast of $935 million to $965 million, largely in-line with estimates of $949 mln

** Anticipate a mid-to-high teens sequential decline in mobile, consistent with historical seasonal patterns in Q2 — CFO Kris Sennesael

** In 2024, stock fell 21%

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com))