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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 announces strengthening of European R&D through grants from Austria, Germany, the Netherlands, and Romania. Investments will focus on core technologies in automotive, industrial, and cybersecurity, including 5nm, advanced driving assistance, and AI. NXP's commitment to EU's digital and green transition highlighted. No other microelectronics company planning similar investments across multiple EU member states. Positive impact on stock expected.
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NXP Semiconductors approves payment of $1.014 interim dividend per share for Q3 2023.
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TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors announced a joint investment in European Semiconductor Manufacturing Company (ESMC) to provide advanced semiconductor manufacturing services. The project aims to construct a 300mm fab in Dresden, Germany, to support the automotive and industrial sectors. The fab is expected to have a monthly production capacity of 40,000 300mm wafers on TSMC's 28/22 nanometer planar CMOS and 16/12 nanometer FinFET process technology.
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NXP Semiconductors reported Q2 2023 revenue of $3.3 billion, meeting guidance. Revenue trends in focus end-markets exceeded expectations. Automotive, core-industrial, and communications infrastructure businesses showed strength. NXP executed capital return policy with $566 million in dividends and share repurchases. Q3 2023 guidance shows stable revenue and gross margin.
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Impinj, Inc. has won two patent-infringement lawsuits against NXP Semiconductors. The jury awarded Impinj $18.5M in damages and lost profits. Impinj's CEO expressed disappointment in NXP's infringement and emphasized the company's commitment to protecting its inventions. The outcome is not expected to have a material impact on ongoing or new RAIN RFID programs.
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NXP Semiconductors announces approval of interim dividend of $1.014 per share for Q2 2023.
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NXP Semiconductors collaborates with TSMC to deliver the industry's first automotive embedded MRAM in 16 nm FinFET technology. MRAM provides faster and more reliable software updates for carmakers, eliminating bottlenecks and enabling over-the-air updates. NXP's S32 processors and automotive MCUs will be the first products to sample in early 2025.
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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

NXPI Rankings

NXPI Stock Data

57.09B
253.79M
0.13%
98.09%
3.53%
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