
Qorvo (QRVO) is sailing higher Friday after media reports revealed activist investor Starboard Value has built a 7.7% stake in the chipmaker, which counts Apple (AAPL) as a customer, worth more than $500 million.

Qorvo (QRVO) is sailing higher Friday after media reports revealed activist investor Starboard Value has built a 7.7% stake in the chipmaker, which counts Apple (AAPL) as a customer, worth more than $500 million.