NXP Semi (NXPI) 'Will Not Comment' on Qualcomm (QCOM) Speculation
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Drexel Hamilton Not Fans of Rumored NXP (NXPI) Takeover Price, Says $40-$45B Should Be Minimum
September 30, 2016 12:29 PM EDTDrexel Hamilton analyst Cody Acree weighed in on NXP Semiconductors NV (NASDAQ: NXPI) amid reports Qualcomm (NASDAQ: QCOM) is looking to acquire the company. Acree said NXP doesn't need Qualcomm and they are not fans of the reported $30 billion takeover price. The analyst said $40-$45 billion is the minimum that should be even considered.
Acree commented, "While we see some... More
NXP Semiconductor (NXPI) Worth $136-$172/Share in a Deal - Jefferies
September 30, 2016 6:51 AM EDTJefferies analyst Mark Lipacis weighed in on NXP Semiconductors NV (NASDAQ: NXPI) following reports Qualcomm in is talks to acquire the company in a deal that agreed upon in 2-to-3 months.
Lipacis said while a deal is not certain, NXP could... More
Cowen Boosts PT on Qualcomm (QCOM) to $74 Amid NXP Semi (NXPI) Chatter; Xilinx (XLNX) Also Seen as Potential Suitor
September 30, 2016 6:42 AM EDTCowen boosts its price target on Outperform-rated Qualcomm (Nasdaq: QCOM) from $62 to $74 following chatter that the company and NXP Semi (Nasdaq: NXPI) might be in merger talks.
Analyst Tim Arcuri commented late Thursday, With smartphone units having slowed, QCOM re-trenching somewhat in China to the mid to higher end, and a diversified modem strategy from AAPL, we believe QCOM... More
Mizuho Securities Upgrades Qualcomm (QCOM) to Buy on Potential NXP Deal
September 29, 2016 7:10 PM EDTMizuho Securities upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $75.00 following reports the company is looking to acquire NXP (NASDAQ: NXPI)
Analyst Vijay Rakesh commented, "We believe a deal here makes... More
NXP Semiconductors (NXPI) Would be Worth $140-$160/Share Based on Average Valuation for Semiconductor Deals - Deutsche Bank
September 29, 2016 3:52 PM EDTDeutsche Bank analyst Ross Seymore commented on NXP Semiconductors (NASDAQ: NXPI) following rumors earlier that the company is in talks to be acquired by Qualcomm (NASDAQ: QCOM). Based on the average valuation for semiconductor deals since 2014, NXP Semiconductors could fetch $140-$160 per share, said the analyst.
Seymore... More
NXP Semiconductors explores sale to Qualcomm: sources
September 29, 2016 1:31 PM EDTBy Greg Roumeliotis and Liana B. Baker
(Reuters) - NXP Semiconductors NV (NASDAQ: NXPI) is exploring selling itself to Qualcomm Inc (NASDAQ: QCOM) in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday.
The deal would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry. Talks are in the early stages and NXP may entertain other offers, should they emerge, according to one of the sources.
An... More
Lam Research (LRCX) Gains on Sector M&A Headlines
September 29, 2016 1:28 PM EDTLam Research (NASDAQ: LRCX) is another chip stock seeing upside on reports Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI). Shares of LRCX are up 1.2%.
... MoreXilinx (XLNX), Maxim (MXIM) Other Chip Stocks on Watch on NXP (NXPI) M&A Headlines
September 29, 2016 1:20 PM EDTXilinx (Nasdaq: XLNX), Maxim Integrated (NASDAQ: MXIM) and other chips stocks are on watch on reports Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI).
Cypress Semiconductor (NASDAQ: CY) and Micron Technology (NASDAQ: MU) also gained.
NXP Semiconductors (NXPI) calls active after report on talks to be bought by Qualcomm (QCOM)
September 29, 2016 1:17 PM EDTNXP Semiconductors (NASDAQ: NXPI) September weekly 84.50 and 87 calls are active on total call volume of 3,700 contracts (855 puts) on talks to be bought by Qualcomm, DJ reports.
... MoreQualcomm (QCOM) in Talks to Acquire NXP Semiconductors (NXPI) - DJ
September 29, 2016 1:11 PM EDT(Updated - September 29, 2016 1:13 PM EDT)
Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI), according to Dow Jones. The report said a deal could be stuck in the next two to three months. The... More