On August 4, Skyworks Solutions rose 5.12% in regular trading, trading at $64.30 per share, with turnover of approximately $42.18 million.

On the news front, Skyworks announced on August 3 that the Hart-Scott-Rodino antitrust waiting period for its pending acquisition of Qorvo has officially expired, clearing the Federal Trade Commission-level regulatory obstacle and marking a critical step toward deal completion. The company previously indicated it expects the merger to close by the end of the year.

RBC Capital Markets has expressed a favorable view of the transaction, citing expected cost synergies. The brokerage previously noted that the Qorvo acquisition reduces single-socket risk, lowers long-term volatility in Skyworks' Mobile business, and adds strong Defense and Satellite expertise while complementing its data center and IoT portfolios. RBC raised its price target to $80 with a sector perform rating in June.

Skyworks reported fiscal Q3 revenue of $935 million and adjusted EPS of $1.08, both exceeding consensus estimates, supported by healthy iPhone demand and stable broad-market trends.

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