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NXP Semiconductors N.V. - NXPI STOCK NEWS

Welcome to our dedicated page for NXP Semiconductors N.V. news (Ticker: NXPI), a resource for investors and traders seeking the latest updates and insights on NXP Semiconductors N.V. stock.

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.

Find out more at NXP's website.

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NXP Semiconductors introduces S32 CoreRide platform to simplify vehicle architecture development, cut costs, and enhance performance. The platform integrates hardware and software from leading partners, offering flexibility and scalability for automakers.
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NXP Semiconductors N.V. releases its annual Corporate Sustainability Report, emphasizing its commitment to ESG goals. The report outlines NXP's progress in reducing carbon footprint, increasing renewable energy usage, and promoting diversity and inclusion. The company aims to be carbon-neutral by 2035 and has set ambitious targets for 2027.
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NXP collaborates with NVIDIA to integrate TAO Toolkit APIs with eIQ machine learning development environment, enabling deployment of NVIDIA's AI models on NXP's edge processing devices. This integration accelerates AI development by simplifying model deployment at the edge, offering developers a competitive advantage.
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NXP Semiconductors N.V. (NXPI) announces the approval of an interim dividend of $1.014 per ordinary share for the first quarter of 2024 as part of its capital return program. The dividend will be paid on April 10, 2024, to shareholders of record as of March 21, 2024, with a 15% Dutch dividend withholding tax.
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Nordson Corporation (NDSN) appoints Annette Clayton, former Schneider Electric NA CEO, to its board of directors. Clayton's vast experience in manufacturing and technology sectors brings valuable insights to Nordson's strategic growth plans.
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NXP Semiconductors N.V. reported financial results for Q4 and full-year 2023, showing a 3% YoY increase in Q4 revenue and a 1% YoY increase in full-year revenue. GAAP gross margin was 56.9% for the full year. Non-GAAP diluted Net Income per Share was $14.01 for the full year. The company executed a capital return policy, totaling $695 million in Q4, representing 72% of non-GAAP free cash flow. NXP also announced investments and collaborations with Zendar Inc. and the expansion of its S32 vehicle compute platform. The company expects a Q1 2024 revenue decrease of 3% YoY.
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The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has announced NXP Semconductors N.V. as its 'Stock to Study' and Comcast Corp. as its 'Undervalued Stock' in the April 2024 issue. The announcement emphasizes the importance of focusing on the fundamentals, including earnings, of individual companies, particularly in a market with record-breaking highs of various indices.
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Honeywell (NASDAQ: HON) launched Advance Control for Buildings, a platform with advanced cybersecurity, faster network speeds, and innovative technology to address building managers' concerns. The platform aims to automate building management and enhance energy efficiency, aligning with Honeywell's plans to realign its business with automation and energy transition megatrends. The company also announced strategic alliances with NXP Semiconductors N.V. (NASDAQ: NXPI) and Analog Devices, Inc. (NASDAQ: ADI) to streamline the transition to intelligent edge processing.
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Honeywell (HON) and NXP Semiconductors N.V. (NXPI) have signed a Memorandum of Understanding (MOU) to optimize commercial buildings' energy consumption using machine learning and data analytics. The collaboration aims to integrate NXP's neural network-enabled applications processors into Honeywell's building management systems to enhance building autonomy and energy efficiency. The goal is to deliver smart energy solutions powered by AI/machine learning and data analytics to guide service technicians and drive energy efficiency. Honeywell will utilize NXP's semiconductor and software solutions to observe, learn, and adapt in real time, enhancing analytics and decision-making for improved sustainability outcomes.
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NXP Semiconductors N.V. (NASDAQ: NXPI) will release financial results for Q4 and full year 2023 on February 5, 2024, followed by a conference call on February 6, 2024. Interested parties can pre-register for the webcast or obtain a user-specific access code to join the call.
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FAQ

What is the current stock price of NXP Semiconductors N.V. (NXPI)?

The current stock price of NXP Semiconductors N.V. (NXPI) is $226.38 as of November 22, 2024.

What is the market cap of NXP Semiconductors N.V. (NXPI)?

The market cap of NXP Semiconductors N.V. (NXPI) is approximately 57.1B.

What does NXP Semiconductors N.V. specialize in?

NXP Semiconductors specializes in secure connectivity solutions for automotive, industrial, IoT, mobile, and communication infrastructure markets.

Where is NXP Semiconductors headquartered?

NXP Semiconductors is headquartered in Eindhoven, Netherlands.

What was NXP's revenue in 2023?

NXP Semiconductors posted a revenue of $13.28 billion in 2023.

Who did NXP acquire in 2015?

NXP Semiconductors acquired Freescale Semiconductor in 2015.

What are the four mega trends driving the electronics industry?

The four mega trends are energy efficiency, connected devices, security, and health.

What recent achievement did NXP accomplish in quantum computing?

NXP, in collaboration with eleQtron and ParityQC, revealed the first ion-trap-based quantum computer demonstrator made entirely in Germany.

What is the significance of NXP's collaboration with ZF Friedrichshafen AG?

The collaboration aims to develop next-generation SiC-based traction inverter solutions to improve EV performance and sustainability.

What is the VisionPower Semiconductor Manufacturing Company Pte Ltd?

It is a joint venture between NXP and Vanguard International Semiconductor Corporation to build a 300mm semiconductor wafer manufacturing facility in Singapore.

How many employees does NXP have?

NXP Semiconductors has approximately 34,200 employees.

What is NXP's approach to manufacturing strategy?

NXP employs a hybrid manufacturing strategy to ensure competitive cost, supply control, and geographic resilience.

NXP Semiconductors N.V.

Nasdaq:NXPI

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