By Nadia Damouni and Suzanne Barlyn NEW YORK (Reuters) – Chip maker NXP Semiconductors NV has agreed to buy smaller peer Freescale Semiconductor Ltd and merge operations in a deal valuing the combined company at over $40 billion. The transaction is the clearest sign yet that semiconductor companies are regaining the confidence required to pursue big mergers and acquisitions at a time when their major clients, such as mobile phone manufacturers, seek to consolidate suppliers. Freescale also has its chips in consumer products such as Amazon’s Kindle e-reader. Last month, Avago Technologies said it would buy wireless networking company Emulex Corp for more than $600 million, while MaxLinear said it would buy Entropic Communications Inc for $287 million.
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Dutch microchip maker NXP Semiconductors (NASDAQ: NXPI) had a rough time in 2018, but the pany is roaring back to life this year. The stock has gained a market-crushing 47% year-to-date Qualm Inc. agreed to buy NXP Semiconductors NV for $39 billion, adding the top supplier of automotive chips to the San Diego pany best known for gning smartphone chips. The agreement represents the biggest semiconductor Semiconducrs N.V. holds signals from both short- and long-term movg averages. addition, there is a general signal from the relation between the two signals where the short-term average is above the Tags: sell, nxpi, semiconductors, stocks, Should I buy Nxp Semiconductors Should I Semiconducrs N.v. (I)? Use the Zacks Rank and Style Ss fd out is I is right for your portfolio. About . Semiconducrs N.V. (NASDAQ:I) enables secure connections and frastructure for a smarter world, advancg solutions that make lives easier, better and safer. As the world leader secure connectivity solutions for embedded applications,