"While demand continues to grow into the first quarter, shortages of critical semiconductor components are negatively impacting our first quarter revenue outlook by more than $30 million," said CEO Alan Lowe

New Street Research analyst Pierre Ferragu joins only one other analyst on Wall Street in questioning the near-term prospects of the world's most valuable tech company.

Check out the latest news and performance numbers from the top technology and FAANG stocks, including Facebook, Microsoft, Zoom Communications, PayPal, Bumble, and more.

CFO Wajid Ali said fourth quarter sales guidance "consistent with our historical seasonality" despite "short-term headwinds in our industry".

Stock futures fall as investors await U.S. inflation data; gas shortages worsen as the biggest U.S. pipeline remains closed after a cyberattack; FuboTV soars after boosting its revenue forecast.

II-VI won the bidding war for laser-tech provider Coherent. Lumentum, the loser in the battle, said its offer was better.

Stocks moving in premarket trading Thursday include Nike, Rite Aid, Lumentum, RH and GrowGeneration.

Lumentum raised its bid to acquire Coherent to about $287.50 per share with a Wednesday deadline for acceptance.

II-VI lifted its bid for Coherent to a mix of $220 cash and 0.91 share for each Coherent shares. Coherent says the bid is superior to prior proposals.

Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.

Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.

DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.