NXP Semi (NXPI) 'Will Not Comment' on Qualcomm (QCOM) Speculation

September 29, 2016 3:12 PM EDT

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NXP Semiconductors (Nasdaq: NXPI) commented on chatter that it and Qualcomm (Nasdaq: QCOM) could be in merger talks.

One rep for the NXP Semi told StreetInsider, We have a policy to not comment on rumors or speculation.

Shares of NXP Semi are up over 15 percent late Thursday.

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