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Despite ongoing inventory adjustments in the automotive market, NXP Semiconductors' Q4 results are expected to have benefited from an expanding portfolio.
The technology sector, and more specifically, the semiconductor industry, is a foundational element of modern economies and a hotbed of innovation and profit potential. As demand continues to soar from sectors like electric vehicles (EV) and artificial intelligence (AI), identifying the key players within this transformative terrain becomes a vital consideration for investors looking for long-term growth and substantial returns.
EINDHOVEN, The Netherlands, Jan. 16, 2025 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will release financial results for the fourth quarter and full year 2024 after the close of normal trading on the NASDAQ Global Select Market on Monday, February 3, 2025. The company will host a conference call with the financial community on Tuesday, February 4, 2025, at 8:00 a.m. U.S. Eastern Standard Time (EST).
Netherlands-based computer chip maker NXP said on Wednesday it has secured a 1 billion euro ($1.03 billion)loan from the European Investment Bank (EIB) to support research and development projects in five European countries.
LUXEMBOURG and EINDHOVEN, The Netherlands, Jan. 15, 2025 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that it has secured a €1 billion loan from the European Investment Bank (EIB) to advance the company's RDI investments across its broad portfolio of semiconductor solutions. The €1 billion loan facility carries an approximate interest rate of 4.75 percent when drawn in dollar denominated tranches, under the current market conditions and has a duration of six years. The financing will support NXP's research and development efforts in several EU Member States, implemented in its facilities in Austria, France, Germany, the Netherlands and Romania for the period up to 2026.
In the closing of the recent trading day, NXP Semiconductors (NXPI) stood at $209.72, denoting a -1.35% change from the preceding trading day.
TTTech Auto buyout demonstrates NXP Semiconductor's commitment to bolstering its automotive networking solutions by transitioning to software-defined vehicles.
Honeywell and NXP Semiconductors will expand their partnership to develop AI-driven technology for aviation and autonomous flying, the companies said on Wednesday.
Groundbreaking aviation collaboration designed to expedite development and adoption of enhanced software, large area cockpit displays and autonomy platform Honeywell Anthem cockpit powered by NXP's i.MX 8 applications processors will help improve operational efficiency, safety and unlock value for pilots and operators Vertical Aerospace to leverage latest technology in eVTOL aircraft Aviation expansion builds on companies' progress in building automation LAS VEGAS , Jan. 8, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) and NXP ® Semiconductors N.V. (NASDAQ: NXPI) announced at CES 2025 an expanded partnership that will accelerate aviation product development and chart the path for autonomous flight.
Dutch computer chip maker NXP said on Tuesday it has agreed to buy Austria's TTTech Auto for $625 million, to strengthen its automotive operations.