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Shares of NXP Semiconductors raced to an all-time high Monday as Wall Street applauded the Dutch chipmaker’s plans to buy Freescale Semiconductor in a deal valued at about $12 billion, but an analyst sees more bids surfacing. NXP (NXPI), 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