{
  "id": 7584504,
  "title": "Smartphone Chip Stocks Rally While Large-Cap Technology Slips: Skyworks Jumps 11%, Qorvo Rises 7%, Qualcomm Climbs 4%",
  "url": "https://urgent.news/2026/09/15/smartphone-chip-stocks-rally-while-large-cap-technology-slips",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T15:55:13.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/smartphone-chip-stocks-rally-while-155513376.html"
  },
  "original_language": "en",
  "account": "Skyworks Solutions (SWKS) shares surged 11% to $87.68 on Tuesday as the broader large-cap technology sector struggled. This sharp gain is attributed to the company's pending merger with Qorvo, a $2 billion buyback program, and an anticipated $500 million in synergies. While the iShares Semiconductor ETF (SOXX) only managed a 0.5% increase and the Invesco QQQ Trust (QQQ) declined by 0.5%, the handset chip names have experienced a notable rally. ADI and NXPI, two other relevant names, were notably absent from the rally, indicating that this movement is primarily tied to the RF exposure in smartphone units and their dollar content per device. Skyworks' year-to-date performance has already reached 41%, raising concerns that gains could be reversed quickly if AI-linked tech gains traction. However, Qualcomm (QCOM) did not make the list of the 10 best stocks to buy, according to the latest analysis by 24/7 Wall St. The company's automotive revenue rose by 61% year-over-year to $1.59 billion, while its fiscal Q3 2026 revenue of $4.02 billion increased by 39.6% year-over-year. Meanwhile, NXP Semiconductors (NXPI) saw a 12.2% year-over-year increase in revenue, reaching $3.18 billion, with guidance of $3.35 billion to $3.55 billion for the second quarter.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}