The Latest Breaking News from NXP Semiconductors

Over the past 3 months, 9 analysts have published their opinion on NXP Semiconductors (NASDAQ:NXPI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Shares of NXP Semiconductors NV (NASDAQ: NXPI) jumped on speculations of a takeover bid from Samsung.

NXP Semiconductors (NASDAQ:NXPI) reported its Q1 earnings results on Monday, May 2, 2022 at 04:01 PM. Here's what investors need to know about the announcement.

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 9.79% on an annualized basis producing an average annual return of 21.93%. Currently, NXP Semiconductors has a market capitalization of $45.91 billion.

Analysts have provided the following ratings for NXP Semiconductors (NASDAQ:NXPI) within the last quarter:

Upgrades

NXP Semiconductors (NASDAQ:NXPI) has outperformed the market over the past 10 years by 8.69% on an annualized basis producing an average annual return of 21.0%. Currently, NXP Semiconductors has a market capitalization of $44.08 billion.

If history is any guide, there may be trouble ahead for shares of NXP Semiconductors (NASDAQ:NXPI). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

The demand for semiconductors is rising due in large measure to the increasing adoption of advanced technologies amid rapid digitalization. Also, governments worldwide are spending billions of dollars to ramp up production and bring the production of semiconductor chips closer to home. Thus, we think Micron NXP Semiconductors (NXPI) and…