Let’s also talk about semiconductor companies. Specifically, I am currently tracking some of them. The first company is . 
I remember eyeing it in the past. And recently, I was surprised to find that it is now even cheaper than before. This led me to wonder how this happened and how it came to current position.For now, they are experiencing a decline from $200 to a low of $70. In other words, the stock has fallen almost fourfold from its peak value over the past few years. Now there may be either a speculative rebound or a return to the growing trend, which is quite strong and has been established for quite some time.
By the way, P&E forwards – 30 and 18. So, this company recently announced that its chief financial officer, who previously held this position, will be returning. He left, worked at for a while, and then returned to Skyworks. The market views this news as positive. So, Skyworks. What do they do? They make digital radio receivers, antenna tuners, demodulators, detectors, filters, front-end modules, low-noise amplifiers, and so on. In principle, its products are used in the space industry, the automotive industry, military equipment, and similar fields. Right now, it’s a pretty popular company. It has both pros and cons compared to its competitors. Its direct competitors are , Murata, , and . 
It occupies a 16% market share. In principle, this is a kind of average value. Murata has high indicators. And Broadcom occupies a 22% market share. This means that with the development of 5G technology, Skyworks has the opportunity to increase its market share. This is because it has quite significant advantages in this segment. It has some developments that its competitors, such as market leader Murata, do not have. Accordingly, with the development of 5G, it can benefit from this. Skyworks is also quite dependent on smartphone sales.
Smartphone sales will never stop, so one way or another, this will support the company too. However, there are also difficulties and risks. For example, develops its own software. This means that it can reduce Skyworks’ revenue. Incidentally, Apple accounts for 59% of Skyworks’ revenue. So, of course, this is quite risky for them. Well, in principle, lots of companies depend on Apple. For example, Skyworks derives 59% of its revenue from Apple. Corvo is about 30%, Broadcom 15%, and Qualcomm 20%. That is, Apple is a fairly large customer for them.
Next, let’s talk about these companies’ charts. You may notice that both Qorvo and Skyworks are pretty far from their historical highs. So I started looking for an ETF that includes Skyworks, Qorvo, and other companies related to this industry. I found the three largest ones. And out of these three, I chose one. It is the fund, ticker SMH. 
This company’s fund, by the way, is actually on its high. And this fund includes Broadcom, Skyworks, Qualcomm, and many, many others who are involved in this area. So, from the point of view of buying these companies, I would probably suggest investing through this fund. Well, the fact that it’s on the highs, unfortunately, there’s nothing we can do about it, because most of this fund is made up of heavyweights such as , , Broadcom, and AMD, which are growing very strongly and very quickly. That’s the current state of affairs at the moment. They are a large part of the market, so they make up a large share of this fund.
So, Qorvo’s target price is $110. For Skyworks, we can look at the assessment of one of the investment houses, Goldman. They see the target price of the stock at $70, which is even lower than the current price. Therefore, Goldman does not recommend buying these shares. Nevertheless, the company is interesting, and I am keeping an eye on it. I recommend to take a closer look on it too, or at least at the sector in general. Perhaps the most conservative purchase is still through an ETF.