Qorvo has announced a $22 billion merger with Skyworks Solutions, combining cash and stock to strengthen their position in RF and connectivity solutions. The deal, revealed on October 28, 2025, will see Qorvo shareholders receive $32.50 in cash and 0.96 shares of Skyworks for each Qorvo share. Following the announcement, Qorvo's stock surged nearly 10% in pre-market trading, opening at approximately $101, marking a near-year high. In contrast, Skyworks' stock experienced a slight decline, falling 0.8% to $75.25 in pre-market trading. The merger is expected to enhance the companies' capabilities in the smartphone chip market.