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.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.