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Based on the reviews from different experts, it seems that NXP Semiconductors (NXPI-Q) is facing potential challenges due to soft demand for EVs, which heavily rely on chips. However, there is optimism regarding the company's strength in supplying chips for gas-powered cars. The consensus is that there could be upside surprise, but it won't be a slam dunk. Overall, NXP's performance seems to be closely tied to the demand for EVs and gas-powered cars.
The car business is slowing a lot. NXPI is exposed 57% to semis in cars. Challanges lie ahead and expecations are muted.
50% of business is in cars, so given the auto strikes shares are now cheaper than they should be. Inventories on car dealer lots is low, and car ages are high. So demand will be there. He likes the set up.
Down 10% this month. Half of business comes from cars, and 21% from industrials, both pressured by recession fears. Threats of an auto workers' strike doesn't help, but a strike won't last very long--Washington will force both sides to talk. They just reported a solid quarter and guidance.
Sells a lot of chips to the car industry, and the company is well run.
NXP Semiconductors is a American stock, trading under the symbol NXPI-Q on the NASDAQ (NXPI). It is usually referred to as NASDAQ:NXPI or NXPI-Q
In the last year, there was no coverage of NXP Semiconductors published on Stockchase.
NXP Semiconductors was recommended as a Top Pick by on . Read the latest stock experts ratings for NXP Semiconductors.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered NXP Semiconductors In the last year. It is a trending stock that is worth watching.
On 2024-12-13, NXP Semiconductors (NXPI-Q) stock closed at a price of $216.84.
They report today. It won't be a slam dunk, but there's potential for bad news due to soft demand for EVs which require a lot of chips. So, does NXP have enough strength in supplying gas-powered cars (sales are healthy) to offset weakness in EVs? There could be upside surprise.