NXP Semiconductors' Shares Jumped: What You Need to Know

Anders Bylund, The Motley Fool

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of near-field communications chip designer NXP Semiconductors (NAS: NXPI) got a clear signal this morning, jumping as high as 11.8% on heavy volume.

So what: Unsubstantiated rumor would have it that either Apple (NAS: AAPL) , Google (NAS: GOOG) , or Intel (NAS: INTC) would be interested in buying NXP for something like $50 a share.

Now what: The scattered nature of this rumor makes it difficult to believe -- real "sources familiar with the matter" should be able to pinpoint who's doing the bidding, and anything less is just hot air.

That being said, NXP does own a golden goose in its NFC chip portfolio, and I wouldn't be surprised to see a real buyout offer materializing down the line. Read all about NXP's unique market position in this free report to see what I mean. But today's rumor doesn't look like the real deal.

Interested in more information about NXP Semiconductors? Add it toMy Watchlist.

At the time thisarticle was published

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