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NXP Shoots Higher on iPhone 6 Demand; Cramer Calls It 'Must Own'

2015-05-22 02:34:56| Semiconductors - Topix.net

Investors appear to be piling into the semiconductor company, known for its chips that work with mobile payments , following a report from Morgan Stanley noting demand for the Apple Apple introduced its mobile payments service, Apple Pay, as part of the iPhone 6. NXP is a supplier of chips to Apple, per the company's 2015 supplier list. Other suppliers to Apple include Skyworks Solutions .

Tags: must own higher demand

Category:Electronics and Electrical

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