Is It Finally Time to Buy This Incredibly Cheap Semiconductor Stock?

Cirrus Logic (CRUS 3.04%) investors were in for a positive surprise after the company released results for its fiscal 2025's third quarter (ended Dec. 28) on Feb. 4, as robust demand for its semiconductors, which are used in smartphones and laptops, helped it exceed the higher end of its guidance range. Best known for supplying chips used in Apple's products such as iPhones and iPads, Cirrus saw quarterly revenue of $556 million, which was well ahead of its original guidance range of$480 million to $540 mi ...