US Top News and Analysis | Buy these two chip stocks primed to benefit from a foldable iPhone, says Barclays

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Barclays analysts see semiconductor makers Skyworks Solutions and Qorvo poised for gains from Apple’s upcoming foldable iPhone, which is expected in September. The bank maintains an overweight rating on both stocks, with price targets of $70 for Skyworks and $100 for Qorvo, implying potential upside of roughly 17% and 20% respectively. The analysts argue that the new device will require advanced power‑management and structural chips, benefiting the two companies, even as Apple plans lower‑priced iPhone and MacBook models that could temper typical seasonal sales. Barclays’ bullish outlook diverges from the broader street consensus, where most analysts rate the stocks as holds.

Read more: https://www.cnbc.com/2026/04/22/buy-these-two-chip-stocks-primed-to-benefit-from-a-foldable-iphone-says-barclays.html

#Barclays #SkyworksSolutions #Qorvo #Apple #TomO’Malley

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#Qorvo Inc $QRVO: EPS $0.87 beat forecast $0.71. Revenue $886.7M surpassed forecast $851.95M.

#MatchGroup $MTCH: EPS $0.48 met forecast $0.48. Revenue $864.07M slightly exceeded forecast $856.5M.

#Earnings #Stocks