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NXP Semiconductors: Why The Dip In This Chip Stock Has Me Salivating

2015-11-04 18:28:48| Semiconductors - Topix.net

NXP semiconductors recently posted its biggest one-day drop ever based on what I believe is a major overreaction to weak Q4 guidance. Lost in the negative sentiment was NXP's coming high-impact merger with Freescale Semiconductor - which gives this company a clear path to $500 million in annual cost synergies.

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