This makes NXP the only Dutch company in the index, which includes the 500 largest companies measured in market capitalization that are listed on the American stock exchanges. The S&P 500 is one of the most widely used indices in the investment world and is considered one of the best indicators of the US stock market picture due to its size.
Former chip division Philips
NXP is the former chip division of Philips that was sold to private equity parties in 2006. These brought the company to the American technology exchange Nasdaq in 2010, where it now has a market value of $ 50 billion.
Dutch chipmaker NXP joins prestigious S&P 500 | Financial
Source link Dutch chipmaker NXP joins prestigious S&P 500 | Financial