Here's How ARM's Chip Sector Peers Are Trading Monday

Softbank's $32 billion bid for ARM Holdings has provided a lift for the entire semiconductor sector.
By Nelson Wang ,

Chipmaking stocks were all trading up early on Monday morning in the wake of Softbank Group's $32-billion all-cash bid for U.K.-based chip designer ARM Holdings (ARMH) . The iShares PHLX Semiconductor (SOXX) - Get Report was trading up 1.5%.

ARM shares were trading up 43% to $67.19 after news of the bid.

Intel (INTC) - Get Report , which reports earnings on Wednesday, was up 0.1% to $35.12 after dipping slightly at the open. Taiwan Semiconductor (TSM) - Get Report was trading up 1.8% to $27.50, Texas Instruments (TXN) - Get Report was trading up 0.6% to $65.21, Broadcom (AVGO) - Get Report shares were up 0.9% to $152.40 and Nvidia (NVDA) - Get Report shares were up 0.4. to $52.89.

Meanwhile, NXP Semiconductor (NXPI) - Get Report was trading up 1.5% to $80.87, Analog Devices (ADI) - Get Report was up 0.8% to $60.68 and European-based ST Microelectronics (STM) - Get Report was trading up 1.9% to $6.09.

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