financetom
Business
financetom
/
Business
/
NXP forecasts upbeat quarterly revenue on recovery in demand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NXP forecasts upbeat quarterly revenue on recovery in demand
Oct 27, 2025 4:36 PM

Oct 27 (Reuters) - NXP Semiconductors NV ( NXPI )

forecast fourth-quarter revenue above Wall Street estimates on

Monday, as it recovers from sluggish demand and sees a rebound

in the automotive segment.

Shares of the Eindhoven, Netherlands-based company rose 2%

in U.S. extended trading, having gained 6.6% so far this year.

The chipmaker is benefiting from momentum across automotive

end markets due to demand for its scalable processing solutions.

Analysts say that the auto end market is improving following

tariff-related pull-ins, benefiting companies like NXP.

NXP provides manufacturers with chips and other technology

essential for high-speed digital processing utilized in sectors

like automotive, manufacturing, telecommunications and the

Internet of Things (IoT).

The company has made a string of acquisitions recently,

having closed a $243 million cash deal for Aviva Links, an

automotive networking company, last week. It completed its

TTTech Auto purchase in June, looking to strengthen the

automotive business.

NXP has also received regulatory approvals for its

acquisition of Kinara, which makes high performance,

energy-efficient and programmable discrete neural processing

units, and is working to close the transaction.

The Dutch firm expects fourth-quarter revenue in the range

of $3.20 billion to 3.40 billion, with the midpoint coming in

above analysts' average estimate of $3.24 billion, according to

data compiled by LSEG.

"Our outlook reflects the strength of our company specific

growth drivers and signs of a cyclical recovery," incoming CEO

Rafael Sotomayor said in a statement.

For the third quarter ended September 28, NXP posted revenue

of $3.17 billion, ahead of an estimate of $3.16 billion.

Revenue from the automotive segment - NXP's biggest - grew

6% sequentially in the quarter. Mobile revenue was up 30%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
C3.ai Unusual Options Activity
C3.ai Unusual Options Activity
Nov 25, 2024
Financial giants have made a conspicuous bullish move on C3.ai ( AI ). Our analysis of options history for C3.ai ( AI ) revealed 22 unusual trades. Delving into the details, we found 50% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $307,758, and 16...
Top Midday Stories: Macy's Says Ex-Employee Hid Up to $154 Million in Expenses; Summit to Be Acquired by Quikrete for $11.5 Billion; Nvidia Unveils AI Model
Top Midday Stories: Macy's Says Ex-Employee Hid Up to $154 Million in Expenses; Summit to Be Acquired by Quikrete for $11.5 Billion; Nvidia Unveils AI Model
Nov 25, 2024
11:59 AM EST, 11/25/2024 (MT Newswires) -- All three major US stock indexes were up around midday Monday to kick off a shortened trading week due to the looming Thanksgiving holiday. In company news, Macy's (M) said in a preliminary statement that a former employee attempted to hide about $132 million to $154 million in delivery expenses from fiscal Q4...
Quantum Industry Stocks Soar: What's Behind the D-Wave, Quantum Computing and IonQ Gains?
Quantum Industry Stocks Soar: What's Behind the D-Wave, Quantum Computing and IonQ Gains?
Nov 25, 2024
D-Wave Quantum Inc. ( QBTS ) , Quantum Computing Inc. ( QUBT ) and IonQ, Inc. ( IONQ ) shares are soaring on Monday. Here’s what you need to know. What To Know: Amazon Web Services announced the Quantum Embark Program, which builds on Amazon Bracket. The program consists of three service offerings. The Use Case Discovery helps customers identify...
Update: Strategic Resources Signs Iron-Ore Supply and Offtake Agreements with Javelin Global Commodities
Update: Strategic Resources Signs Iron-Ore Supply and Offtake Agreements with Javelin Global Commodities
Nov 25, 2024
11:58 AM EST, 11/25/2024 (MT Newswires) -- Strategic Resources (SR.V) on Monday said it signed iron-ore supply and offtake agreements with Javelin Global Commodities. Javelin also agreed to provide a secured working capital facility of up to US$150 million for up to three years to support the operations of Strategic's high purity iron pelletizer facility at Port Saguenay, Quebec. Under...
Copyright 2023-2026 - www.financetom.com All Rights Reserved