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Analyst: Skyworks Should Merge With Maxim

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While Skyworks Solutions Inc SWKS 2.23% has experienced success in the mobile market, the data center and automotive spaces could provide diversification for the company and lead to long-term upsides.

By expanding its focus – perhaps through a merger with Maxim Integrated Products Inc. MXIM 0.68%, which would allow diversification into those two related sub-sectors – analysts at Pacific Crest feel Skyworks could see a fair value at $130 in...