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Cirrus Logic Newsroom
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The supply chain is in disarray, leaving investors worried about the demand for iPhone 16.
Analysts including Ming-Chi Kuo of TF International, as well as analysts from Barclays, JPMorgan, and Bank of America, have all mentioned that early data shows the iPhone 16 Pro series is below expectations. This has led to a general decline in Apple's stock and related concept stocks on Monday. Kuo stated that one of the key factors for the decrease in demand for the iPhone 16 series is that the main selling point, Apple Intelligence, was not released with the iPhone 16.
These 5 US Stocks Could Be the Biggest iPhone 16 Winners, and None of Them Is Apple
Top Gap Ups and Downs on Monday: AAPL, OKE, SWKS and More
Apple supplier's stock price drops, analysts issue warning on demand for iPhone 16 Pro.
Apple suppliers' stock prices fell on Monday, with analysts warning that demand for the new iPhone 16 Pro was weaker than expected based on pre-order sales data. In the USA, Cirrus Logic fell by 7.6%, Qorvo by 6.3%, Skyworks by 5%, Micron by 4.4%, Broadcom by 3%, Taiwan Semiconductor by 2.3%, and Apple by 3.3%. In Europe, stocks of suppliers such as Infineon, STMicroelectronics, and Osram fell by at least 2%. In the smart phone industry, wafer manufacturers with high exposure, Soitec, fell by about 9%. TF International Securities
Broadcom, Qorvo, Skyworks Lead Chips Lower as Apple iPhone Concerns Crop up
Looking Into Cirrus Logic's Recent Short Interest
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Cirrus Logic Stock Surges 89% in a Year: Will the Rally Last?
Apple (AAPL.US) officially unveils the iPhone 16. Which chip stock is expected to benefit?
Investment firm KeyBanc Capital Markets said on Tuesday that the impact of Apple's new iPhone 16 smart phone series on the semiconductor industry is mixed.
iPhone 16 Changes Will Aid Qualcomm, Broadcom, Others: KeyBanc
S&P 500 Futures Climb In Premarket Trading; Summit Therapeutics, Palantir Technologies Lead
Cirrus Logic Celebrates 40 Years of Innovation and Excellence
Investors in Cirrus Logic (NASDAQ:CRUS) Have Seen Impressive Returns of 167% Over the Past Five Years
Cirrus Logic, Inc.'s (NASDAQ:CRUS) Popularity With Investors Is Under Threat From Overpricing
Cirrus Logic Insider Sold Shares Worth $658,115, According to a Recent SEC Filing
(CRUS) - Analyzing Cirrus Logic's Short Interest
Cirrus Logic Insider Sold Shares Worth $1,343,788, According to a Recent SEC Filing
Cirrus Logic (CRUS) Surges 58.7% YTD: Will the Upside Last?
Catalyst Watch: Eyes on Walmart Earnings, the July CPI Print, and 13F Filings