On a strong day for chip stocks, NXP (NXPI +8.1%) is among the best performers after announcing...

|About: NXP Semiconductors (NXPI)|By:, SA News Editor

On a strong day for chip stocks, NXP (NXPI +8.1%) is among the best performers after announcing an audio subsystem chip for mobile devices it boasts will increase the output power of phone speakers by 5x. The chip, which relies on technology that prevents the thermal damage that would normally occur at such power levels, competes with solutions from Cirrus Logic (CRUS) and others. (PR)