Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker

Investopedia

01-18

Key Takeaways

Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.
A regulatory filing shows Starboard owns 7.29 million shares, which equates to a value of more than half a billion dollars.
Qorvo warned in October its business was being negatively impacted by changing cellphone demand.

Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.

In a regulatory filing, Qorvo reported Starboard held 7.29 million shares of the company, a 7.7% stake. At yesterday’s closing price of $73.59, the ownership is valued at about $536 million.

Qorvo Warned of Business Slowdown Last Quarter

Qorvo has struggled of late. In October, shares plunged 25% to their lowest level since the beginning of the COVID-19 pandemic in 2020 when the firm posted a surprising second-quarter loss and warned it faced a continued business slowdown.

At the time, CFO Grant Brown explained that changing consumer cellphone buying habits reduced demand. Brown added that the company was "taking appropriate actions, including factory consolidation and operating expense reductions as well as focusing on opportunities that align with our long-term profitability objectives."

Neither Qorvo nor Starboard Value immediately responded to an Investopedia request for comment.

Even with today's advance, shares of Qorvo are down almost 20% in the past year.

TradingView

Do you have a news tip for Investopedia reporters? Please email us at

tips@investopedia.com

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。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2504719728"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2504719728\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2504719728?lang=zh_TW&edition=fundamental","thumbnail":"https://www.investopedia.com/thmb/4po3WFQoFDLiTKwUj1Sngf849ic=/3888x2592/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1233091795-2df320dab6ce4cfa8a183d8f73121323.jpg","is_english":true,"pubTime":"2025-01-18 01:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2504719728","market":"sg","top_or_hot":-1,"title":"Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker","media":"Investopedia","content":"<html><body><div><div><div><h3>Key Takeaways</h3>\n<div><ul><li>Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.</li><li>A regulatory filing shows Starboard owns 7.29 million shares, which equates to a value of more than half a billion dollars.</li><li>Qorvo warned in October its business was being negatively impacted by changing cellphone demand.</li></ul></div></div></div>\n<p> Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.\n</p>\n<div></div>\n<p> In a regulatory filing, Qorvo reported Starboard held 7.29 million shares of the company, a 7.7% stake.<span></span> At yesterday’s closing price of $73.59, the ownership is valued at about $536 million.\n</p>\n<div></div>\n<span></span><h2> <span> Qorvo Warned of Business Slowdown Last Quarter </span> </h2>\n<p> Qorvo has struggled of late. In October, shares plunged 25% to their lowest level since the beginning of the COVID-19 pandemic in 2020 when the firm posted a surprising second-quarter loss and warned it faced a continued business slowdown.\n</p>\n<div></div>\n<p> At the time, CFO Grant Brown explained that changing consumer cellphone buying habits reduced demand. Brown added that the company was \"taking appropriate actions, including factory consolidation and operating expense reductions as well as focusing on opportunities that align with our long-term profitability objectives.\"\n</p>\n<div></div>\n<p> Neither Qorvo nor Starboard Value immediately responded to an <em>Investopedia </em>request for comment.\n</p>\n<div></div>\n<p> Even with today's advance, shares of Qorvo are down almost 20% in the past year.\n</p>\n<div></div>\n<figure> <div>\n<div>\n<img height=\"811\" width=\"1542\"/>\n<noscript>\n<img height=\"811\" sizes=\"750px\" src=\"https://www.investopedia.com/thmb/kG8OjyWkdbh76oZinokk5KqN1K8=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/QRVO_2025-01-17_10-27-02-ab6f97382dfc44cd931ecd833e307af8.png\" srcset=\"https://www.investopedia.com/thmb/oKvrH2w1-OVzku2E0Il2JilTStY=/750x0/filters:no_upscale():max_bytes(150000):strip_icc()/QRVO_2025-01-17_10-27-02-ab6f97382dfc44cd931ecd833e307af8.png 750w\" width=\"1542\"/>\n</noscript>\n</div> </div>\n<figcaption> <span><p>TradingView</p></span>\n</figcaption></figure>\n<div><div>Do you have a news tip for Investopedia reporters? Please email us at</div>\n<span>tips@investopedia.com</span></div></div></body></html>","source":"investopedia_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQorvo Stock Soars as Starboard Value Takes Stake in Chipmaker\n</h2>\n<h4 class=\"meta\">\n</h4><p class=\"head\">\n<strong class=\"h-name small\">Investopedia</strong><span class=\"h-time small\">2025-01-18 01:05</span>\n</p>\n</header>\n<article>\n<div><div><div><h3>Key Takeaways</h3>\n<div><ul><li>Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.</li><li>A regulatory filing shows Starboard owns 7.29 million shares, which equates to a value of more than half a billion dollars.</li><li>Qorvo warned in October its business was being negatively impacted by changing cellphone demand.</li></ul></div></div></div>\n<p> Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.\n</p>\n<div></div>\n<p> In a regulatory filing, Qorvo reported Starboard held 7.29 million shares of the company, a 7.7% stake.<span></span> At yesterday’s closing price of $73.59, the ownership is valued at about $536 million.\n</p>\n<div></div>\n<span></span><h2> <span> Qorvo Warned of Business Slowdown Last Quarter </span> </h2>\n<p> Qorvo has struggled of late. In October, shares plunged 25% to their lowest level since the beginning of the COVID-19 pandemic in 2020 when the firm posted a surprising second-quarter loss and warned it faced a continued business slowdown.\n</p>\n<div></div>\n<p> At the time, CFO Grant Brown explained that changing consumer cellphone buying habits reduced demand. Brown added that the company was \"taking appropriate actions, including factory consolidation and operating expense reductions as well as focusing on opportunities that align with our long-term profitability objectives.\"\n</p>\n<div></div>\n<p> Neither Qorvo nor Starboard Value immediately responded to an <em>Investopedia </em>request for comment.\n</p>\n<div></div>\n<p> Even with today's advance, shares of Qorvo are down almost 20% in the past year.\n</p>\n<div></div>\n<figure> <div>\n<div>\n<img height=\"811\" width=\"1542\"/>\n<noscript>\n<img height=\"811\" sizes=\"750px\" src=\"https://www.investopedia.com/thmb/kG8OjyWkdbh76oZinokk5KqN1K8=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/QRVO_2025-01-17_10-27-02-ab6f97382dfc44cd931ecd833e307af8.png\" srcset=\"https://www.investopedia.com/thmb/oKvrH2w1-OVzku2E0Il2JilTStY=/750x0/filters:no_upscale():max_bytes(150000):strip_icc()/QRVO_2025-01-17_10-27-02-ab6f97382dfc44cd931ecd833e307af8.png 750w\" width=\"1542\"/>\n</noscript>\n</div> </div>\n<figcaption> <span><p>TradingView</p></span>\n</figcaption></figure>\n<div><div>Do you have a news tip for Investopedia reporters? Please email us at</div>\n<span>tips@investopedia.com</span></div></div>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://www.investopedia.com/qorvo-stock-soars-as-starboard-value-takes-stake-in-chipmaker-8776469\">Investopedia</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4515","symbol_name":"5G概念","start_time":0,"source_url":"https://www.investopedia.com/qorvo-stock-soars-as-starboard-value-takes-stake-in-chipmaker-8776469","article_id":"2504719728","we_media_id":null,"thumbnails":["https://www.investopedia.com/thmb/4po3WFQoFDLiTKwUj1Sngf849ic=/3888x2592/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1233091795-2df320dab6ce4cfa8a183d8f73121323.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504719728","pubTimestamp":1737133507,"columns":[],"sourceInfo":{"source_id":"investopedia_highlight","name":"Investopedia"},"weMediaInfo":null,"summary":"Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.A regulatory filing shows Starboard owns 7.29 million shares, which equates to a value of more than half a billion dollars.Qorvo warned in October its business was being negatively impacted by changing cellphone demand.Qorvo  shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.In a regulatory filing, Qorvo reported Starboard held 7.29 million shares of the company, a 7.7% stake. At yesterday’s closing price of $73.59, the ownership is valued at about $536 million.Qorvo has struggled of late. In October, shares plunged 25% to their lowest level since the beginning of the COVID-19 pandemic in 2020 when the firm posted a surprising second-quarter loss and warned it faced a continued business slowdown.Neither Qorvo nor Starboard Value immediately respo","collect":0,"end_time":0,"defaultTopTitle":"investopedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4515":"5G概念","BK4585":"ETF&股票定投概念","BK4141":"半导体产品","BK4588":"碎股","BK4512":"苹果概念","QRVO":"Qorvo, Inc."},"translate_title":"Starboard Value入股芯片制造商Qorvo股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QRVO":1},"content_text":"Key Takeaways\nQorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.A regulatory filing shows Starboard owns 7.29 million shares, which equates to a value of more than half a billion dollars.Qorvo warned in October its business was being negatively impacted by changing cellphone demand.\n Qorvo (QRVO) shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.\n\n\n In a regulatory filing, Qorvo reported Starboard held 7.29 million shares of the company, a 7.7% stake. At yesterday’s closing price of $73.59, the ownership is valued at about $536 million.\n\n\n  Qorvo Warned of Business Slowdown Last Quarter  \n Qorvo has struggled of late. In October, shares plunged 25% to their lowest level since the beginning of the COVID-19 pandemic in 2020 when the firm posted a surprising second-quarter loss and warned it faced a continued business slowdown.\n\n\n At the time, CFO Grant Brown explained that changing consumer cellphone buying habits reduced demand. Brown added that the company was \"taking appropriate actions, including factory consolidation and operating expense reductions as well as focusing on opportunities that align with our long-term profitability objectives.\"\n\n\n Neither Qorvo nor Starboard Value immediately responded to an Investopedia request for comment.\n\n\n Even with today's advance, shares of Qorvo are down almost 20% in the past year.\n\n\n \n\n\n\n\n\n \n TradingView\n\nDo you have a news tip for Investopedia reporters? Please email us at\ntips@investopedia.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1}}}