Skyworks to Acquire Qorvo for $9.76 Billion Amid AI Growth
Photo by Kevin Kandlbinder on Unsplash
Skyworks Solutions is set to acquire Qorvo for $9.76 billion in cash and stock, aiming to create more efficient chips for on-device AI processing with faster wireless connections and reduced power consumption. CEO Phil Brace believes combining Qorvo's antenna tuners with Skyworks' filters will achieve this, with the deal's closure anticipated in early 2027 pending regulatory approval in China.
Key takeaways
- Skyworks Solutions will acquire Qorvo for $9
- 76 billion in a cash and stock transaction, according to a Reuters report
- Skyworks CEO Phil Brace cited the growing power and data requirements of artificial intelligence applications on mobile devices as a key driver for the acquisition
Related Topics
Want coverage like this for your company?
Local & industry wins build trusted proof, SEO/geo signals and prime national editors.
Verified mention available
Is this your company?
Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.
Want to turn mentions into momentum? Find your best path with the Fit Checker. Verified profiles receive a free consult.