Skyworks Solutions is trading 5.7% up at $64.86 after announcing U.S. antitrust clearance for its proposed merger with Qorvo, a key milestone that significantly reduces regulatory uncertainty.
- The regulatory green light has bolstered investor confidence in the deal's completion, removing a major hurdle for the strategic combination.
- The upward move is further supported by a broad rally in semiconductor stocks and general risk-on sentiment across U.S. equity markets.