10 AI News Investors Can’t Afford to Miss

7. Skyworks Solutions, Inc. (NASDAQ: SWKS)

Market Capitalization: $13.41 billion

Skyworks Solutions, Inc. (NADAQ: SWKS) designs, produces, and markets semiconductor products. It is known for supplying semiconductor components that power AI-enabled smartphones and related technologies.

On November 13, Mizuho reaffirmed an Outperform rating and reduced the price target to $105 from $127. The firm believes Skyworks is well-positioned for growth despite near-term headwinds. Its strong partnership sustaining at Apple, the improvement in handset inventory levels, and the anticipated recovery of China’s Android market are positive indicators. Moreover, the company’s emphasis on premium handset segments and the upcoming upgrades in Wifi7 and on-device AI applications are seen as important growth drivers.