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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

Is Qorvo a Good Semiconductor Stock to Buy This Month?

Qorvo, Inc. (QRVO) in Greensboro, N.C., develops and commercializes technologies and products for worldwide wireless, wired, and power markets. The company operates through two segments—Mobile Products; and Infrastructure and Defense Products.

On June 7, 2022, QRVO launched its 20W GaN-on-SiC power amplifier (PA) for defense and commercial satellite applications. This PA is being characterized as a renaissance in the satellite communication industry thanks to its vast bandwidth range and leading market performance.

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