Shares of NXP Semi tumble as forecasted revenues fall below estimates due to weakness in the auto market

NXP Semi forecasts revenue below estimates on auto weakness, shares tumble

NXP Semiconductors Faces Revenue Challenges Amid Global Headwinds NXP Semiconductors recently announced its third-quarter revenue forecast, which fell below analysts’ expectations due to sluggish demand from automotive customers and escalating geopolitical risks. This news caused … Read more