Possible breakout thanks to additional Apple tailwind
The announcement signals further physical deepening of Apple's supply chain diversification within the U.S. This remains both a blessing and a curse for Cirrus.
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If a stock is on the verge of breaking out to a new high during a general weakness phase, we as traders must not ignore it. Cirrus Logic (CRUS) maintains a leading position in the field of custom amplifiers and codecs for flagship smartphones. The company ended the third quarter of fiscal year 2026 with revenue of $580.6 million (+4%), exceeding the upper end of its own guidance and generating a adjusted earnings per share of $2.97 (consensus: $2.44). The demand for smartphone components was stronger than expected, which essentially drove the business...
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