NXP (NXPI) Q2 Earnings Meet, Dip Y/Y on Automotive Weakness
Stmicroelectronics once again lowers its revenue expectations for this year due to a decline in demand for auto chips.
STMicroelectronics has lowered its annual revenue forecast for the second time due to excess inventory and declining demand for automotive chips. In a statement on Thursday, the company stated that it expects sales to be between $13.2 billion and $13.7 billion this year, down from the previous estimate of $14 billion to $15 billion. This is the second time the company has lowered its revenue forecast for this year, with the initial forecast in January of $16.9 billion. The performance of global chip manufacturers in the second quarter was mixed. Texas Instruments stated that Chinese electronic product manufacturers are increasing orders again after dealing with their unused inventory. At the same time, Dutch chip maker NXP Semiconductors
Cantor Fitzgerald Reiterates Overweight on NXP Semiconductors, Maintains $350 Price Target
NXP Semiconductors Price Target Cut to $271.00/Share From $275.00 by Morgan Stanley
NXP Semiconductors Is Maintained at Buy by Truist Securities
Europe Data Centers to Grow 6 Times, €115B of Capex by 2035 - MS
TD Cowen Maintains Buy on NXP Semiconductors, Lowers Price Target to $310
Nvidia, Qualcomm Lead Chips Lower Amid Broader Tech Sell off
Express News | Keysight Technologies Completes First Car Connectivity Consortium Digital Key Applet Certification For NXP Semiconductors; Strengthens Security Of Next-Generation Vehicles And Expands Automotive Security Evaluation Offering
Jefferies Maintains NXP Semiconductors(NXPI.US) With Buy Rating, Maintains Target Price $325
A Quick Look at Today's Ratings for NXP Semiconductors(NXPI.US), With a Forecast Between $271 to $370
Texas Instruments Rises as Wall Street Sees Light at the End of the Tunnel
Express News | NXP Semiconductors : Truist Securities Cuts Target Price to $287 From $291
Express News | Nxp Semiconductor NV : Morgan Stanley Cuts Target Price to $271.00 From $275.00
Truist Adjusts Price Target on NXP Semiconductors to $287 From $291, Maintains Buy Rating
Optimistic Outlook for NXP Semiconductors Amidst Industry Recovery and Strategic Advantages
Q2 financial report triggered a drop of over 7%, NXP Semiconductors (NXPI.US) new high stock price encounters industry downturn.
On July 22 post-market trading, car chip giant NXP Semiconductors released its Q2 2024 financial report.
Analysts Offer Insights on Technology Companies: Logitech (LOGI), NXP Semiconductors (NXPI) and Temenos (OtherTMNSF)
Express News | NXP Semiconductors : TD Cowen Cuts Target Price to $310 From $330
Express News | NXP Semiconductors : Needham Raises Target Price to $300 From $280