NXP Investors Stand to Gain From a Chip-Stock Rally and Qualcomm's Desperation

I noted two months ago that activist Elliott Management's reported push (recently confirmed) to get NXP Semiconductors NV (NXPI) to obtain a higher sale price from Qualcomm Inc.  (QCOM) had a good chance of paying off, given how chip stocks have performed since Qualcomm inked a $47 billion deal last October to buy NXP and how much Qualcomm needs the diversification and growth opportunities NXP provides.

Since then, NXP's bargaining position has only gotten better. And it looks as if Elliott is far from the only major NXP investor to be aware of it....826 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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