Skyworks Solutions (SWKS), a prominent semiconductor company, experienced a significant 22.08% plunge in its stock price during Wednesday's intraday session. The steep decline was fueled by concerns over intensifying competition and a weaker outlook for the upcoming quarter.
One of the key factors contributing to the stock's selloff was the company's revelation that it had lost a portion of its semiconductor business supplying components to Apple, its largest customer. According to Chief Financial Officer Kris Sennesael, Skyworks expects its share of the Apple business to decline by 20% to 25% due to increased competition.
Additionally, Skyworks provided a disappointing revenue guidance for the second quarter, projecting revenue between $935 million and $965 million. This range fell short of analysts' expectations, further exacerbating concerns among investors. The company also forecasted a sequential decline in revenue for its mobile segment in the mid-to-high teens, consistent with historical seasonal patterns.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。