Skyworks Solutions is trading higher following the announcement that the company has received all necessary regulatory clearances to proceed with its merger with Qorvo. Investor sentiment remains positive as the company also extended the expiration date for its exchange offers for Qorvo’s senior notes, which have already seen high participation rates of 91.68% and 93.33% for the 2029 and 2031 notes, respectively. This company-specific M&A progress is driving the move, even as the broader semiconductor sector shows broad strength with peers like Microchip Technology and NXP Semiconductors also posting gains during the regular session.