Skyworks Solutions Receives Regulatory Clearance to Merge with Qorvo

Skyworks Solutions received all necessary regulatory clearances to merge with Qorvo Inc., a move that will create a combined semiconductor enterprise valued at $22 billion. The two companies specialize in radio frequency chips used for smartphones, wireless technology, data transmission, and communications.

The merger follows an agreement reached in October to consolidate the two firms to maintain competitiveness within the semiconductor industry. The companies expect to close the transaction on or about October 5, 2026, subject to the satisfaction or waiver of remaining customary closing conditions.

Following the announcement, shares of Skyworks Solutions decreased 1% to $87.15, bringing its market capitalization to $13 billion.