1 Chip Stock Trying to Mount a Massive Comeback: Is It Time to Buy Now?
One smaller manufacturer that underperformed in recent years is Qorvo (NASDAQ: QRVO). Qorvo is the result of a 2015 "merger of equals" between RF Micro Devices and TriQuint Semiconductor. The deal created what was hoped would be a new powerhouse in manufacturing of radio frequency (mobile connectivity) chips and related analog chips.