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.

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Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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