(Reuters) -Skyworks Solutions forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, signaling robust demand for its radio-frequency chips used in Apple’s latest 5G iPhones.

The rapid adoption of 5G smartphones and launch of AI-enabled phones has benefited Skyworks, which is a key provider of radio-frequency chips for 5G. It is also a major beneficiary of Apple’s annual iPhone launch.

Last month, Apple forecast holiday-quarter iPhone sales and overall revenue that surpassed Wall Street expectations, powered by orders for iPhone 17 models that the company is racing to fulfill amid continuing supply constraints.

“In mobile, underlying demand trends remain solid, supported by healthy sell-through and new product launches. Looking ahead, we expect rising AI-driven

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