Skyworks Solutions

Skyworks Solutions plunged 7.0% during regular trading to a new 52-week low of $62.62, significantly underperforming the Philadelphia Semiconductor Index and peer Qorvo. The sell-off was triggered by multiple headwinds: early results from a debt exchange offer with Qorvo, announced pre-market, fueled M&A-related concerns; Tuesday's Q2 2026 earnings release disclosed a steep 45% YoY drop in EPS to $0.24 on slightly lower revenue of $944M. After-hours trading saw an additional 3.1% decline to $60.57. The stock now trades at 26.1x PE and 1.63x PB, with a 4.5% dividend yield, but remains 31% below its 52-week high of $90.90 and well below its 20-day ($71.60) and 60-day ($68.81) moving averages. However, the company showcased software-defined power solutions for AI infrastructure and a new EV gate driver at PCIM Europe 2026, pointing to potential long-term growth catalysts.