NXP Semiconductors (NXPI) late Monday beat analyst estimates for earnings and matched views on sales in the first quarter. It also provided a Q2 forecast above expectations. NXPI stock surged in extended trading. X The Netherlands-based chipmaker earned an adjusted $3.24 a share on sales of $3.13 billion in the March quarter. Analysts polled by […]
(Reuters) – Chipmaker NXP Semiconductors forecast first-quarter profit above target and reported better-than-expected revenue for the last quarter on Monday, banking on a strong automotive market, a key consumer of its technology. Netherlands-based NXP supplies manufacturers with chips and other technologies needed for high-speed digital processing used in industries such as automotive, manufacturing, telecom and […]