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NXP Semiconductors N.V. (NASDAQ: NXPI) is a global leader in secure connectivity solutions, driving innovation across various industries. With expertise in high-performance mixed-signal electronics, NXP provides solutions for the automotive, industrial, Internet of Things (IoT), mobile, and communication infrastructure markets. The company is recognized for its significant market share in the automotive sector, supplying microcontrollers and analog chips for automotive clusters, powertrains, infotainment systems, and radars.
Founded in 2006 and headquartered in Eindhoven, Netherlands, NXP operates in over 30 countries with approximately 34,200 employees. In 2023, NXP posted impressive revenue of $13.28 billion, demonstrating strong financial performance and resilience in a challenging semiconductor market environment.
In 2015, NXP acquired Freescale Semiconductor, bolstering its market position and expanding its product portfolio. The company focuses on four mega trends driving the electronics industry: energy efficiency, connected devices, security, and health. These trends influence NXP’s development of cutting-edge technologies for connected cars, secure devices, portable and wearable electronics, and IoT applications.
Recent achievements include the unveiling of the first ion-trap-based quantum computer demonstrator made entirely in Germany, through a partnership with eleQtron and ParityQC as part of the DLR Quantum Computing Initiative. This technology aims to tackle complex problems in climate modeling, global logistics, and materials sciences.
NXP also collaborates with ZF Friedrichshafen AG on next-generation SiC-based traction inverter solutions for electric vehicles (EVs), enhancing EV performance and sustainability. These solutions leverage NXP’s advanced GD316x high-voltage isolated gate drivers, designed to extend EV range and reduce charging stops.
Furthermore, NXP announced a joint venture with Vanguard International Semiconductor Corporation to build a new 300mm semiconductor wafer manufacturing facility in Singapore. This facility will support automotive, industrial, consumer, and mobile markets, increasing production capacity and creating approximately 1,500 jobs by 2027.
Beyond financial success, NXP is committed to sustainability, digital sovereignty, and innovation. The company operates with a hybrid manufacturing strategy to ensure competitive cost, supply control, and geographic resilience. NXP’s ongoing investments and collaborations continue to solidify its position as a key player in the global semiconductor industry.
NXP Semiconductors (NASDAQ: NXPI) has announced it will release its fourth quarter and full year 2024 financial results after NASDAQ market close on Monday, February 3, 2025. The company will host a conference call with the financial community on Tuesday, February 4, 2025, at 8:00 a.m. EST. Interested parties can pre-register for the webcast or obtain access codes for the live conference call. A replay will be available via webcast for on-demand listening after the call.
NXP Semiconductors (NASDAQ: NXPI) has secured a €1 billion loan from the European Investment Bank (EIB) to advance semiconductor innovation across Europe. The loan, carrying an approximate 4.75% interest rate for dollar-denominated tranches, has a six-year duration and will support NXP's research, development, and innovation (RDI) efforts in Austria, France, Germany, The Netherlands, and Romania through 2026.
The funding aligns with EIB's 'Strategic Tech-EU' investment program and the EU Chips Act, focusing on critical technologies including artificial intelligence, microchips, and quantum computing. NXP will utilize the funds to develop next-generation automotive processors, advanced radar solutions, energy systems, and secure edge technologies. The investment aims to strengthen Europe's semiconductor ecosystem and supports NXP's involvement in the ESMC joint venture fab in Germany.
Honeywell (HON) and NXP Semiconductors announced an expanded partnership at CES 2025 to accelerate aviation product development and advance autonomous flight capabilities. The collaboration combines Honeywell's aerospace expertise and Anthem avionics with NXP's high-performance computing architecture.
The partnership will focus on developing large-area cockpit displays with improved visual clarity and system efficiency, while streamlining migrations to newer avionic technologies. Honeywell Anthem, powered by NXP's i.MX 8 applications processors, will deliver faster data processing for real-time AI-driven insights, enhancing safety and optimizing flight performance.
Vertical Aerospace, an early adopter, will implement this technology in their VX4 eVTOL aircraft. The collaboration builds upon the companies' existing relationship in building automation systems, announced at CES 2024, and extends to include AI and machine learning applications in building controllers.
NXP Semiconductors (NASDAQ: NXPI) has announced a definitive agreement to acquire TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto, based in Vienna, Austria, specializes in safety-critical systems and middleware for software-defined vehicles (SDVs). The acquisition will integrate TTTech Auto's team of approximately 1,100 engineering staff into NXP's automotive division.
The deal aims to strengthen NXP's CoreRide platform by incorporating TTTech Auto's MotionWise middleware platform, which offers automated software deployment and safety-critical function management for SDVs. This strategic move addresses the automotive industry's transformation toward SDVs, projected to reach 45% penetration of global auto production by 2027, with a 48% CAGR between 2024-2027.
The combined solution will enable automakers to reduce complexity, maximize system performance, and accelerate time to market while maintaining safety and security standards. TTTech Auto will continue serving existing customers under the NXP brand, pending regulatory approvals.
NXP Semiconductors (NASDAQ: NXPI) announced its agreement to acquire Aviva Links for $242.5 million in an all-cash transaction. Aviva Links specializes in ASA-compliant in-vehicle connectivity solutions, offering SerDes point-to-point and Ethernet-based connectivity with data rates up to 16 Gbps.
The acquisition aims to expand NXP's automotive networking portfolio, particularly in asymmetrical links for ADAS and in-vehicle infotainment applications. Aviva Links has secured design wins with two major automotive OEMs and is sampling devices to various OEMs and Tier-1 suppliers.
The addressable market for ADAS and IVI asymmetrical links is expected to grow from $1 billion in 2024 to $2 billion in 2034. The deal is expected to close in the first half of 2025, subject to regulatory approvals.
VisionPower Semiconductor Manufacturing Company (VSMC), a joint venture between Vanguard International Semiconductor and NXP Semiconductors, celebrated breaking ground on their new 300mm wafer manufacturing facility in Tampines, Singapore. The facility is expected to begin initial production in 2027, reaching an output of 55,000 300mm wafers per month by 2029.
The $7.8 billion project will create approximately 1,500 jobs and feature advanced automation including an Automated Material Handling System and AI-driven quality management. The fab will be built following Singapore Green Mark standards, incorporating energy-efficient systems, water recycling, and eco-friendly materials.
The joint venture, officially established in September 2024, aims to strengthen Singapore's position in the global semiconductor supply chain while providing specialty IC foundry services. The facility's design emphasizes both technological innovation and environmental sustainability, with potential for a second phase pending future business development.
NXP Semiconductors (NASDAQ: NXPI) has announced the approval of a $1.014 per ordinary share interim dividend for the fourth quarter of 2024. The dividend will be paid in cash on January 8, 2025, to shareholders of record as of December 5, 2024. The decision reflects the company's strong capital structure and confidence in long-term growth. A 15% Dutch dividend withholding tax will apply, though non-Dutch residents may qualify for full or partial refunds. NXP, which posted revenue of $13.28 billion in 2023, operates in over 30 countries, serving automotive, industrial & IoT, mobile, and communications infrastructure markets.
NXP Semiconductors has introduced the industry's first Ultra-Wideband (UWB) wireless battery management system (BMS) solution for electric vehicles. This innovative technology eliminates the need for complex wiring in battery packs, simplifying EV assembly and enabling increased battery energy density. The UWB BMS provides higher resistance to reflections and frequency selective fading compared to narrow-band technologies, ensuring more reliable data transfer within battery packs.
The solution, part of NXP's FlexCom chipset, supports both wired and wireless BMS configurations using common software architecture. Available for OEM evaluation in Q2 2025, it helps decouple mechanical and electrical development, offering manufacturers increased flexibility and faster time to market while reducing development costs.
NXP Semiconductors announced the i.MX 94 family of applications processors, designed for industrial control, PLCs, telematics, and automotive gateways. The processors feature an integrated 2.5 Gbps Ethernet TSN switch, post-quantum cryptography, and eIQ Neutron Neural Processing Unit. The multi-core design includes up to four Arm Cortex-A55 cores, two Cortex-M33 cores, and two Cortex-M7 cores, supporting various industrial protocols and delivering 0.5 TOPS of machine learning performance. The family supports IEC61508 SIL2 and ISO26262 ASIL-B compliance, with sampling expected to begin in Q1 2025.
NXP Semiconductors (NXPI) reported Q3 2024 revenue of $3.25 billion, down 5% year-over-year but in line with guidance. The company achieved a GAAP gross margin of 57.4% and diluted EPS of $2.79. While experiencing strength in Communication Infrastructure, Mobile, and Automotive markets, the company faced weakness in Industrial & IoT. Q4 guidance reflects broader macro weakness, particularly in Europe and Americas. The company generated $779 million in operating cash flow and returned $564 million to shareholders through dividends and share repurchases.