Scalper1 News
Shares of NXP Semiconductors (NXPI) raced out of the gate to an all-time high early Monday as Wall Street applauded the Dutch chipmaker’s plans to buy smaller peer Freescale Semiconductor (FSL) in a deal valued at around $12 billion. NXP, which supplies mixed-signal, analog, power management, radio frequency and digital processing chips, announced the buyout late Sunday. The combined company will become the world’s No. 1 automotive semiconductor Scalper1 News
Scalper1 News