The Traderszone Network

Published in TZ Latest News 2 January, 2015 by The TZ Newswire Staff

Will NXP Semiconductors Get Apple Pay Boost In 2015?

Chip designer NXP Semiconductors (NXPI) has been riding an uptrend in the chip sector for two years. In 2013, chip designer stocks rose 16%, and then 20% last year. During the same period, NXP’s stock outperformed its group and the market — up 75% in 2013 and up 66% in 2014. Part of the strength in recent years is tied to NXP’s exiting areas where the company can’t be No. 1. Can the gains continue in 2015?

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