Apple RF Chip Supplier Soars 9% on Merger Hopes

On Nasdaq, Qorvo, Inc. (NASDAQ: QRVO) jumped 9.07% intraday on the 30th, closing at $94.32 (around ₩132,000). Domestically known as “코보,” the company’s market capitalization reached roughly $8.7 billion (about ₩12 trillion), marking a one-day increase of approximately $870 million (around ₩1.2 trillion). Trading volume totaled 1.26 million shares, suggesting that expectations around its merger and earnings momentum were already priced in.

In October 2025, Qorvo agreed to a $22 billion cash-and-stock merger with Skyworks Solutions, Apple’s RF chip supplier, with the transaction expected to close in early 2027.

Qorvo is set to report its fiscal 2026 fourth-quarter results after market close on May 5. Wall Street consensus forecasts revenue of about $810 million and earnings per share of $1.21–$1.26.

Established in 2015 through the merger of TriQuint Semiconductor and RF Micro Devices, Qorvo supplies RF frequency and power solutions for smartphones, telecommunications infrastructure, power management, and defense markets. Headquartered in Greensboro, North Carolina, the company counts major smartphone makers such as Apple among its customers, making it sensitive to global smartphone demand, 5G investment trends, and shifts in U.S. defense spending.