Activist investor Starboard Value has amassed a stake in chip maker Qorvo that’s worth half a billion dollars, according to a report from The Wall Street Journal. Starboard owns 7.7% of Qorvo, the Journal said,

Key Takeaways Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.A regulatory filing shows Starboard owns 7.

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