Power Integrations Shares Up 7% Following Q4 Results
<p>Analysts at Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/POWI'>Power Integrations, Inc. (NASDAQ:POWI) </a>ahead of the company’s Q4 results, expecting a more in-line print but a stronger Q1 guide. Shares closed 7% higher today following the results.</p>
<p>The analysts anticipate the Handset inventory digestion in China to be in its final stages in Q4 and expect the company to guide for a healthy rebound in Comms starting Q1/22. </p>
<p>Overall, the analysts expect the company to continue gaining share driven by a multitude of drivers namely, product-specific and secular growth in GaN and rising ASPs, share gains in its primary markets where competitors are de-emphasizing their focus, and a better supply relative to most other semi cos, offset by normalization of demand in a post-covid environment.</p>

NASDAQ:POWI