UPDATE: NXP Semiconductors (NXPI) on Watch on Chatter

April 20, 2021 9:57 AM EDT
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Price: $193.34 +1.13%

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    24 Buy, 8 Hold, 0 Sell

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(Updated - April 20, 2021 10:04 AM EDT)

NXP Semiconductors (NASDAQ: NXPI) on watch as JP Morgan analyst speculating Samsung could acquire the company.

From the analyst, "Given SEC's strong cash-balance, robust FCF forecast and interest in the automotive space from a diversification and growth potential viewpoint, we have analyzed potential M&A scenarios based on factors such as feasibility and expected synergies post acquisition. We ruled out certain scenarios in terms of companies that we believe would be too big to acquire (TXN) or would present limited opportunities for synergies post M&A (MCHP, ADI, etc.) as well as potential political issues (Renesas). As per our analysis, we review potential scenarios including NXP, followed by Infineon and STMicro, however, we note potential political roadblocks for the latter two"

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