✉news TechnologySemiconductors first seen 1 d ago, last 1 d ago, peak #29
Starboard Value Builds Case for Apple Chip Supplier Skyworks
Original: Starboard Sees Value In Apple Chip Supplier Skyworks
Activist investor Starboard Value has taken an interest in Skyworks Solutions, the US chipmaker that supplies Apple, arguing the company's shares are undervalued. The move puts pressure on Skyworks management to unlock shareholder value, and it adds Skyworks to the growing list of semiconductor companies targeted by activists amid ongoing consolidation talk in the industry.
Why now: An activist investor targeting a major Apple supplier signals potential pressure for strategic change at Skyworks.
Starboard ValueSkyworks SolutionsApple
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Evidence
- Starboard Sees Value In Apple Chip Supplier Skyworks · Bloomberg.com
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