TriQuint Shares Popped: What You Need to Know
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So what: There's no official news out today, but I think it's safe to say that suppliers of the iPhone 4 are seeing some upside since the new iPhone 4S left many of the core components untouched, while upgrading key parts like the processor and camera. Fellow iPhone suppliers like OmniVision (NAS: OVTI) , Cirrus Logic (NAS: CRUS) , and Broadcom (NAS: BRCM) are also enjoying gains today.
Now what: TriQuint shared the power amplifier module spot with Skyworks (NAS: SWKS) in the AT&T version of the iPhone 4. However, the Verizon iPhone 4 released earlier this year notably lacked TriQuint parts after it was torn apart by iFixit. Despite the exclusion, analysts have still been optimistic that the company will make its way into the new iPhone. I happen to think that the iPhone 4S will resemble the Verizon iPhone more than the AT&T version, since it was released later, in which case TriQuint may not be included. Time will tell once the iPhone 4S hits the market and allows us a detailed look at its innards.
Interested in more info on TriQuint? Add it to your watchlist byclicking here.
At the time this article was published Fool contributor Evan Niu owns shares of OmniVision Technologies, AT&T, and Apple, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Cirrus Logic, Apple, and TriQuint Semiconductor. Motley Fool newsletter services have recommended buying shares of AT&T and Apple. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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