Seeking Alpha: Qualcomm Bets Big on NXP Semiconductors
Bram De Haas, author at Seeking Alpha, discusses his idea of the month: NXP Semiconductors. He also weighs in on Qualcomm's bid for the company.
The deal is waiting for final approval from regulators as some activist firms are requesting that NXP shareholders deny the offer. De Haas talks about the innovations NXP is making in IoT and self-driving technology. NXP chips are in products such as the home thermostat Nest, Amazon Echo, and Google's self-driving cars.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
The AI boom is heating up worldwide competition, the NBA is cashing in, and short-selling is (surprise!) risky. Plus, who are this week's Usual Suspects?