NXP Semiconductors inventory rallies 5% as outcomes, outlook high Wall Road view - Buzz Plugg Usa News

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Monday, May 1, 2023

NXP Semiconductors inventory rallies 5% as outcomes, outlook high Wall Road view


NXP Semiconductors NV shares rose within the prolonged session Monday after the chip maker — which will get greater than half its gross sales from auto makers — topped Wall Road estimates for the previous quarter, and in its outlook for the present one.

NXP NXPI shares rose as a lot as 5% after hours, following a 1.4% rise to shut the common session at $166.01. The corporate is scheduled to carry its convention name with analysts at 8 a.m. Japanese.

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