The Latest Breaking News from NXP

Contract chipmaker GlobalFoundries beat expectations for earnings in the third quarter while matching views on sales.

The semiconductor industry is well-placed for significant profitability and expansion, thanks to rising chip demand across various sectors and the backing of government policies and funding. Therefore, it could be wise to invest in quality semiconductor stocks Applied Materials (AMAT), NXP Semiconductors (NXPI), and Nikon (NINOY) for solid returns. Read…

Investors have devoured semiconductor stocks this year amid a cyclical downturn and hopes for an imminent sector-wide upturn.

NXP Semiconductors beat estimates for the fourth quarter thanks to a surge in automotive chip sales. But it guided lower.

European chipmaker NXP Semiconductors late Monday beat expectations for the second quarter and guided higher for the current period.

Concerns about rising inventories in the semiconductor industry have led to worries about order cancellations.

NXP Semiconductors (NXPI) saw its shares get crushed despite reporting strong top-line and bottom-line growth in the last reported quarter. While several analysts recently lowered their price target on the stock, given increased chip demands across industries, can the stock maintain its market standing? Let’s find out.

Samsung reportedly is eyeing an acquisition of NXP Semiconductors to increase its exposure to the automotive chip market.

Citi analyst Christopher Danely downgraded NXP Semiconductors NV (NASDAQ:NXPI) to Neutral from Buy with a price target of $190, down from $240 (6.8% upside), as his margin expansion thesis has played out. Danely derived his Buy thesis in February 2021 from the anticipation of superior margin/EPS upside and strength from the automotive end market.…