NXP Semiconductors (NASDAQ:NXPI) Stock

NXP Semiconductors

NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.

NXP Semiconductors NV

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iShares PHLX SOX Semiconductor Sector Index Fund

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Shares of several semiconductor companies are trading higher amid GlobalFoundries' announcement to commit $16 billion towards US chip expansion, which may be buoying investor sentiment towards the space.

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Shares of semiconductor companies are trading higher amid overall market strength due to a rise in NVIDIA, a slight improvement in consumer confidence and as traders await details on potential US trade deals.

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Shares of chip stocks are trading lower amid reports indicating the Trump administration is planning wider China tech restrictions.

Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) <a target="_blank" href="https://www.benzinga.com/topic/tsmc" rel="noreferrer noopener">plans to build</a> a new chip-design center in Munich, Germany, to develop high-performance and energy-efficient chips for the automotive, industrial, and artificial intelligence sectors.
The hub, expected to open in the third quarter of 2025, was selected for its proximity to European clients, the Wall Street Journal <a target="_blank" href="https://www.wsj.com/tech/tsmc-to-set-up-chip-design-hub-in-germany-20e42744?mod=tech_lead_pos2" rel="noreferrer noopener">reported</a> on Tuesday, citing a company spokesperson.
Taiwan Semiconductor stock is down 2% year-to-date as it grapples with the Trump administration&#8217;s tariff policies, prompting it to ramp up investment in the U.S. without incremental subsidies.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/asia/25/05/45466444/to-serve-exploding-ai-chip-demand-taiwan-semiconductor-plans-9-advanced-factories" rel="noreferrer noopener">To Serve Exploding AI Chip Demand, Taiwan Semiconductor Plans 9 Advanced Factories</a>
The center will add to Taiwan Semiconductor's global network of <a href="https://www.benzinga.com/markets/asia/25/05/45466444/to-serve-exploding-ai-chip-demand-taiwan-semiconductor-plans-9-advanced-factories">nine design centers spanning</a> Taiwan, mainland China, Japan, Canada and the U.S.
Taiwan Semiconductor is <a href="https://www.benzinga.com/government/24/05/38824316/taiwan-semi-set-to-build-11b-chip-plant-in-germany-aiming-for-2027-production-start" target="_blank" rel="noreferrer noopener">building a 10 billion euro ($11.33 billion)</a> microchip factory in the German city of Dresden as part of a joint venture with&nbsp;Infineon Technologies, Robert Bosch, and&nbsp;NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) called European Semiconductor Manufacturing Co. (ESMC).
The Dresden facility will initially focus on 22-nanometre node chips, primarily for automotive microcontroller units, with potential future expansions to produce more advanced semiconductor technologies.
Demand for chips in electric vehicles and industrial equipment has recently waned. The industry has been contending with an inventory glut as car makers and industrial equipment manufacturers stockpiled chips.
Taiwan Semiconductor reported <a target="_blank" href="https://www.benzinga.com/25/04/44857887/taiwan-semiconductor-q1-surges-41-in-sales-boosted-by-ai-chip-demand-expanded-margins" rel="noreferrer noopener">first-quarter net sales</a> of $25.53 billion (839.25 billion New Taiwanese Dollars), up 41.6% year-over-year, topping the analyst consensus estimate of $23.92 billion. Net sales declined&nbsp;3.4% quarter-over-quarter.&nbsp;Net income and earnings per share were $361.56 billion New Taiwanese Dollars and 13.94 New Taiwanese Dollars per share (or $2.12), topping the&nbsp;analyst consensus of $1.82. &nbsp;Taiwan Semiconductor&#8217;s AI technology moat helped it expand its quarterly gross margins by 572 bps to 58.8%.
Taiwan Semiconductor&nbsp;guided second-quarter&nbsp;2025 revenue of $28.4 billion to $29.2 billion versus the $26.79&nbsp;billion analyst estimate. It expects a gross margin of 57%-59%.
Commenting on tariffs on April 17, 2025, CFO Wendell Huang remarked, &#8220;While we have not seen any changes in our customers&#8217; behavior so far, uncertainties and risks from the potential impact from tariff policies exist. We will continue to closely monitor the potential impact on the end market demand, and manage our business prudently.&#8221;
Price Action: TSM shares&nbsp;were trading lower by 0.77% to $196.15 premarket at&nbsp;last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com//node/44932342">Taiwan Semiconductor&#8217;s Arizona Factory Faces $441 Million Loss Amid Supply Chain, Labor Cost Challenges</a></li>
</ul>
Image by Jack Hong via Shutterstock

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Taiwan Semiconductor To Build Chip Design Center In Germany: Report

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Shares of semiconductor companies are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. Additionally, the sector may be up in anticipation of NVIDIA's upcoming Q1 report.

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Shares of semiconductor and chip stocks are trading higher as investors assess US-China trade progress and Saudi Arabia deals.

Shares of chip stocks are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

Shares of chip stocks are trading higher following a report indicating President Trump will rescind global chip curbs.

<a href="https://www.youtube.com/watch?v=WElDJC0Q_kQ">https://www.youtube.com/watch?v=WElDJC0Q_kQ</a>
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President Trump Says Going To Have Large Share Of Chipmaking Market; Think 10% Baseline Is Set; 10% Baseline Is Not A Template For Future Deals; 10% Is A Low Number, Others Will Be Higher; Template Of 10% Is Probably The Lowest End; Won't Do A Similar Deal With Cars

NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) showcased its new S32R47 imaging radar processors in 16 nm FinFET technology on Thursday.
The third generation of imaging radar processors delivers up to twice the processing power of the previous generation.
With NXP&#8217;s mmWave radar transceivers, power management, and in-vehicle networking solutions, the S32R47 family meets functional safety ASIL ISO 26262 ASIL B(D) requirements.
Also Read: <a href="https://www.benzinga.com/markets/emerging-markets/25/03/44534512/pony-ai-expands-in-china-with-cross-district-robotaxi-network" target="_blank" rel="noreferrer noopener">Pony AI Expands In China With Cross-District Robotaxi Network</a>
According to Yole Intelligence&#8217;s Status of the Radar Industry 2024 report, by 2029, approximately 40% of vehicles entering the road will be passenger cars with driving automation Level 2+(L2+)/ Level 3 (L3), with an increasing number of vehicles with Level 4 (L4).
Imaging radar leverages richer point cloud data for more detailed modeling of the environment. This is a key enabler for AI-based perception systems, which allow for assisted and autonomous driving in the most challenging environmental conditions, such as complex urban scenarios.
The S32R47 integrates a high-performance multi-core radar processing system, allowing denser point cloud output and enhanced algorithms that enable next-generation ADAS systems. This results in better separability of objects, improved detection reliability, and more accurate classification of objects such as vulnerable road users or lost cargo.
In April, NXP reported <a target="_blank" href="https://www.benzinga.com/news/management/25/04/45053723/nxp-semiconductors-reports-q1-earnings-very-uncertain-operating-environment-tied-to-tariffs-ceo-transition-shares-fall" rel="noreferrer noopener">first-quarter results</a>. The company reported first-quarter revenue of $2.84 billion, down 9%, in line with analyst&nbsp;estimates. The company reported first-quarter adjusted earnings of $2.64 per share, beating analyst estimates of $2.58.
NXP expects second-quarter revenue of $2.8 billion to $3 billion versus estimates of $2.87 billion. The company sees second-quarter adjusted earnings of $2.46 to $2.86 per share versus estimates of $2.65.
"NXP's&nbsp;first-quarter&nbsp;results and&nbsp;guidance&nbsp;for the&nbsp;second quarter&nbsp;underpin a cautious optimism that NXP continues to effectively navigate through a challenging set of market conditions. We are operating in a very uncertain environment influenced by tariffs with volatile direct and indirect effects," said&nbsp;Kurt Sievers, president and CEO of NXP.
"Considering these external factors, we are redoubling our efforts to manage what is in our direct control, enabling NXP to drive solid profitability and earnings," Sievers added.
Price Action: NXPI stock is trading up 0.97% to $188.69 at the last check on Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/emerging-markets/25/02/44017638/chinas-baidu-and-catl-team-up-to-build-next-gen-driverless-evs-integrating-advanced-battery-and-chassis-tech" target="_blank" rel="noreferrer noopener">China&#8217;s Baidu And CATL Team Up To Build Next-Gen Driverless EVs, Integrating Advanced Battery And Chassis Tech</a></li>
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Image via Shutterstock

NXP Unveils Next-Gen Radar Chip To Boost Autonomous Driving Systems

NXP Unveils Third-Generation S32R47 Imaging Radar Processors Delivering 2x Processing Power For Level 2+ to Level 4 Autonomous Driving

<a href="https://www.bloomberg.com/news/articles/2025-05-07/trump-to-rescind-global-chip-curbs-amid-ai-restrictions-debate" title="https://www.bloomberg.com/news/articles/2025-05-07/trump-to-rescind-global-chip-curbs-amid-ai-restrictions-debate">https://www.bloomberg.com/news/articles/2025-05-07/trump-to-rescind-global-chip-curbs-amid-ai-restrictions-debate</a>

Macro Economic Events

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Economics

'Trump To Rescind Global Chip Curbs Amid AI Restrictions Debate' - Bloomberg News

Bank of America analysts examined how heavily U.S. fund managers are <a href="https://www.benzinga.com/topic/semiconductors">invested in semiconductor</a> and electronic design automation stocks in the S&amp;P 500.
Based on data from the end of April, the relative weighting of semiconductor stocks are 0.90x — down considerably year-to-date (1.01x in December 2024). 
Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) maintains the broadest ownership. Roughly 73% of fund managers own the stock. Positions grew consistently throughout the past year (+67bps Q/Q, +518bps Y/Y).
Also Read: <a href="https://www.benzinga.com/25/05/45196679/nvidia-faces-new-challenges-as-us-tightens-semiconductor-sanctions-and-tracks-ai-chip-smuggling" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s New Challenge: US Lawmaker Wants Company To Track Its Chips To Avoid Smuggling In China</a>
The relative weighting of 1.05x remains below the top 16 owned infotech/comm services peers (1.11x median) despite 3x+ faster sales growth prospects per consensus (30% CAGR versus 10% peers).
Within semiconductors, the survey found: 
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<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Applied Materials, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), and Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) made up 29% to 65% of fund manager ownership. </li>
<li>Skyworks Solutions, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) remained the least-owned semi stock with ownership of 3%-4% across all active manager funds.</li>
<li>The most significant expansions in ownership Q/Q were in Broadcom, Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), KLA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), Nvidia, and Synopsys, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>).</li>
<li>The most significant declines Q/Q were in Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Applied Materials, and NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>).</li>
<li>The greatest increases in depth/overweighting were in Intel, Skyworks Solutions, Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Cadence Design Systems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>)</li>
<li>The greatest decrease in weighting were for AMD, Teradyne, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>), Applied Materials, Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), Microchip Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>).</li>
<li>Long-only investors were the most overweight in Synopsys, Broadcom, KLA Corp, Micron, and Cadence Design Systems. </li>
<li>Hedge funds were the most overweight Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), Teradyne, KLA Corp, and Cadence Design Systems.</li>
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<h3 class="wp-block-heading">Russell 1000</h3>
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<li>Nvidia, Broadcom, Applied Materials, Tesax Instruments, Lam Research had the largest percentage of holdings by active fund managers for Russell 1000 stocks.</li>
<li>At the median, Russell 1000 semis were held by 7.4% of active fund managers, about 400bps below overall tech. </li>
<li>Overall, semiconductors were generally underweight (at 0.47x) relative to the Russell 1000 index, similar to all of tech (0.63x). </li>
<li>Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), GlobalFoundries Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>), Broadcom, Micron, KLA Corp had the highest weightings.</li>
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Read Next:
<ul>
<li><a href="https://www.benzinga.com/media/25/05/45169853/taiwan-semiconductor-gains-on-strong-earnings-from-meta-and-microsoft-boosting-ai-demand" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor Gains On Strong Earnings From Meta And Microsoft Boosting AI Demand</a></li>
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Image: Shutterstock

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Nvidia, Broadcom Lead Fund Manager Buys Even As Semiconductor Sector Cools: Analysts

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Shares of chip stocks are trading higher amid overall market strength on reports indicating China is assessing US trade talks. Additionally, jobs data may be easing some market fears. NVIDIA shares rose on reports indicating the company is working on China-tailored chips.

UBS analyst Francois-Xavier Bouvignies maintains NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) with a Buy and lowers the price target from $265 to $250.

Price Target

UBS Maintains Buy on NXP Semiconductors, Lowers Price Target to $250

U.S. stock futures declined Wednesday morning, even as major indexes closed higher on Tuesday, with the S&amp;P 500 and Dow Jones logging their sixth consecutive day of gains — marking their longest winning streak in months.
<a href="https://benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">Easing of the auto tariffs</a> helped the markets with a fresh dose of optimism going into a jam-packed earnings week, with several heavy-hitters, including 4 of the &#8220;Magnificent 7&#8221; companies, set to release their quarterly results over this week. 
On Tuesday, President Donald Trump hinted that trade negotiations with India were &#8220;coming along great,&#8221; and that the administration was <a href="https://www.cnbc.com/2025/04/29/trump-india-trade-deal-bessent-south-korea-japan.html">close to announcing a deal</a>, further adding to the optimism, according to a report by CNBC.
Investors on Wednesday will be closely watching the earnings of tech giants, Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), and KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), which should set the tone for the rest of this week.
U.S. 10-Year Treasuries are at 4.16%, while the 2-Year Treasuries are at 3.66%. The CME Group's FedWatch&nbsp;<a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html" target="_blank" rel="noreferrer noopener">tool</a>&nbsp;shows the markets pricing a 92.4% likelihood of interest rates remaining unchanged during the FOMC meeting that is scheduled to take place the first week of May, which marks an increase from 91.1% on Tuesday.
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<td class="has-text-align-center" data-align="center">Futures</td>
<td class="has-text-align-center" data-align="center">Change (+/-)</td>
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<td class="has-text-align-center" data-align="center">Dow Jones</td>
<td class="has-text-align-center" data-align="center">0.09%</td>
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<td class="has-text-align-center" data-align="center">S&amp;P 500</td>
<td class="has-text-align-center" data-align="center">-0.05%</td>
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<td class="has-text-align-center" data-align="center">Nasdaq 100</td>
<td class="has-text-align-center" data-align="center">-0.15%</td>
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<td class="has-text-align-center" data-align="center">Russell 2000</td>
<td class="has-text-align-center" data-align="center">0.16%</td>
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The&nbsp;SPDR S&amp;P 500 Trust ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.63% on Monday, while the&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq-100 Index, was up 0.66%, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;138z7gr&#x2A;_gcl_au&#x2A;MjA5Njc0MjY1My4xNzQwODM2NTUw&#x2A;_ga&#x2A;R1MxLjEuMTc0NDY0ODA3Mi4yLjAuMTc0NDY0ODA3NS4wLjAuMA..&#x2A;_ga_V7ZK73W7N0&#x2A;MTc0NTgyOTMzMy4xLjEuMTc0NTgyOTYyMy4wLjAuMA..">Benzinga Pro</a>&nbsp;data.
Cues From Last Session:
Almost all S&amp;P 500 sectors closed in the green on Tuesday, barring the energy sector, which was down 0.29%. The index was up 0.58%, marking its sixth-straight winning day, the longest streak since November of 2024. The Dow Jones was up 0.75%, and the Nasdaq Composite by 0.55%.
Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), and Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) reported strong earnings, while Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) <a href="https://benzinga.com/news/earnings/25/04/45084597/starbucks-misses-q2-earnings-estimates-ceo-says-optimism-has-turned-into-confidence-i-see-more-opportunity-than-i-imagined">fell short of estimates</a> during its second quarter results on Tuesday.
Economic data was disappointing, with the S&amp;P Case-Shiller Home Price Index (20 Cities) up 4.5%, below estimates at 4.8%, followed by Consumer Confidence at 86.0, below the median forecast at 87.3, and finally, the Total Job Openings for March came in at 7.3 million, below the forecast at 7.5 million.
As of Tuesday, the Nasdaq 100 index was down 12.04% from its previous high of 22,222.61 points. The S&amp;P 500 index was 9.54% lower, as compared to the last record high of 6,147.43 points. On the other hand, Dow Jones was 10.08% down from its 52-week high of 45,073.63 points.
The Dow Jones index jumped 300 points or 0.75% to 40,527.62, whereas the S&amp;P 500 index surged 0.58% to 5,560.83. Nasdaq Composite ended 0.55% higher at 17,461.32, and the small-cap gauge, Russell 2000, also advanced 0.56% to 1,976.52.
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<td class="has-text-align-center" data-align="center">Index</td>
<td class="has-text-align-center" data-align="center">Performance (+/-)</td>
<td class="has-text-align-center" data-align="center">Value</td>
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<td class="has-text-align-center" data-align="center">Nasdaq Composite</td>
<td class="has-text-align-center" data-align="center">0.55%</td>
<td class="has-text-align-center" data-align="center">17,461.32</td>
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<tr>
<td class="has-text-align-center" data-align="center">S&amp;P 500</td>
<td class="has-text-align-center" data-align="center">0.58%</td>
<td class="has-text-align-center" data-align="center">5,560.83</td>
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<td class="has-text-align-center" data-align="center">Dow Jones</td>
<td class="has-text-align-center" data-align="center">0.75%</td>
<td class="has-text-align-center" data-align="center">40,527.62</td>
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<td class="has-text-align-center" data-align="center">Russell 2000</td>
<td class="has-text-align-center" data-align="center">0.56%</td>
<td class="has-text-align-center" data-align="center">1,976.52</td>
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Insights From Analysts:
Chartered Market Technician, Ryan Detrick, says that the markets have ended up higher in May for 9 of the past 10 years, posting a graphic on X to illustrate his point.
See Also: <a href="https://www.benzinga.com/personal-finance/25/04/45088278/american-express-says-the-rich-are-still-dining-out-and-living-large-while-everyone-else-braces-for-recession-tariffs-and-skyrocketing-prices" target="_blank" rel="noreferrer noopener">American Express Says the Rich Are Still Dining Out and Living Large — While Everyone Else Braces for Recession, Tariffs, and Skyrocketing Prices</a><a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Before you Sell in May, just remember this month has been higher 9 of the past 10 years. <a href="https://t.co/8jE4OEvWpG">pic.twitter.com/8jE4OEvWpG</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1917211015969677603?ref_src=twsrc%5Etfw">April 29, 2025</a></blockquote>
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The average returns in May over the past 10 years stand at 0.9%, with a median of 1.1%. However, it is worth noting that this is a relatively new phenomenon. A few years ago, &#8220;Sell In May &amp; Go Away&#8221; was a <a href="https://www.benzinga.com/general/social-media/25/04/45076599/sell-in-may-and-go-away-only-in-bear-markets-one-expert-says">popular adage in the markets</a>, since the markets were known to underperform in the Summer months.
Upcoming Economic Data:
Here&#8217;s what investors will be watching on Wednesday,
<ul>
<li>The ADP Employment figures are set to be released by 8:15 AM ET. </li>
<li>The first quarter GDP data, along with the Employment Cost Index at 8:30 AM ET. </li>
<li>Chicago Business Barometer (PMI) for April, which is scheduled to be unveiled by 9:45 AM ET. </li>
<li>Consumer Spending, PCE Index, Core PCE Index, and Pending Home Sales, all scheduled for 10:00 AM ET on Tuesday morning.</li>
</ul>
Stocks In Focus:
<ul>
<li>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is up 0.19% pre-market, as investors await the tech giant&#8217;s quarterly results after markets close on Wednesday evening. Analysts expect $3.22 per share in earnings, on $68.4 billion in revenue. </li>
<li>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is down 0.50% in pre-market trade, as investors wait for its quarterly results, scheduled to be announced after markets close. Analysts expect $5.21 per share, on $41.4 billion in revenue. </li>
<li>Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) is trading up 0.84% pre-market, ahead of its second quarter results scheduled for after markets close. Earnings are expected at $2.82 per share, on $10.7 billion in revenue. </li>
<li>KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) is down 0.16% pre-market, with the company set to release its quarterly results after markets close. Consensus estimates peg earnings at $8.08 per share, on $3.01 billion in revenue. </li>
<li>Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) is rather flat pre-market, down just 0.02% at the time of writing this. The company is expected to release its quarterly results on Wednesday morning, before markets open, with analysts expecting $4.35 per share in earnings, on $14.6 billion in revenue.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures remain on their losing streak, down 0.91% in the early New York session, dipping below the key support level of $60, currently trading at $59.85 a barrel.
Gold Spot US Dollar is down yet again, by 1.14%, hovering around 3,285.48 per ounce, down from its record high of $3,500.33 per ounce last week. The U.S. Dollar Index is up 0.16%, trading at the 99.3969 level.
Asian markets rose on Wednesday, with Japan's Nikkei, India's Nifty 50, China's Shenzhen, and Australia's ASX 200 posting gains. South Korea's Kospi finished flat with a slight dip, while New Zealand's NZX 50 closed lower.
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
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Photo: Shutterstock

Equities

Markets

General

MSFT

SBUX

US Stock Futures Fall After Tuesday Rally, But History Favors Bulls: Markets Rose 9 Of Last 10 Mays, Says Expert

Needham analyst Quinn Bolton maintains NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) with a Buy and lowers the price target from $230 to $225.

Needham Maintains Buy on NXP Semiconductors, Lowers Price Target to $225

NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) shares are trading lower Tuesday after the company reported first-quarter earnings after the <a href="https://www.benzinga.com//node/45053723">market closed Monday.</a>
What To Know: The company reported adjusted earnings per share of $2.64, beating analysts&#8217; estimate of $2.58. In addition, NXP reported sales of $2.83 billion, in line with analysts&#8217; estimate, but down 9% year-over-year.
NXP said it repurchased $303 million shares throughout the first quarter and paid $258 million in dividends. The company also announced that CEO Kurt Stievers will retire at the end of the year. Rafael Sotomayor&nbsp;will replace Stievers as CEO.
Outlook: The company sees second-quarter adjusted earnings per share from $2.46 to $2.86, versus analysts&#8217; estimate of $2.65. NXP expects sales from $2.80 billion to $3 billion, versus analysts&#8217; estimate of $2.87 billion.
&#8220;NXP&#8217;s&nbsp;first-quarter&nbsp;results and&nbsp;guidance&nbsp;for the&nbsp;second quarter&nbsp;underpin a cautious optimism that NXP continues to effectively navigate through a challenging set of market conditions. We are operating in a very uncertain environment influenced by tariffs with volatile direct and indirect effects,&#8221; said Sievers.
&#8220;Considering these external factors, we are redoubling our efforts to manage what is in our direct control, enabling NXP to drive solid profitability and earnings,&#8221; 
See Also: <a href="https://www.benzinga.com/25/04/45069054/gen-ai-demand-ignites-corning-q1-optical-communications-sales-sees-continued-growth-in-q2-despite-tariff-woes">Gen AI Demand Ignites Corning Q1 Optical Communications Sales, Sees Continued Growth In Q2 Despite Tariff Woes</a>
NXPI Price Action: At the time of publication, NXP shares are trading 7.62% lower at $181.30, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: via Shutterstock

What's Going On With NXP Semiconductors Stock Tuesday?

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.
Shares of NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) fell sharply in today's pre-market trading after the company reported first-quarter financial results and issued second-quarter EPS guidance with its <a href="https://in.benzinga.com/news/management/25/04/45053723/nxp-semiconductors-reports-q1-earnings-very-uncertain-operating-environment-tied-to-tariffs-ceo-transition-shares-fall">midpoint below estimates</a>.
NXP reported first-quarter revenue of $2.84 billion, in line with analyst estimates, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $2.64 per share, beating analyst estimates of $2.58 per share.
NXP expects second-quarter revenue of $2.8 billion to $3 billion versus estimates of $2.87 billion. The company sees second-quarter adjusted earnings in the range of $2.46 to $2.86 per share versus estimates of $2.65 per share. The company announced CEO Kurt Sievers will retire at the end of 2025.
NXP Semiconductors shares dipped 7.7% to $181.18 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Ultra Clean Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCTT#NASDAQ">UCTT</a>) fell 10.3% to $20.00 in pre-market trading after the company reported worse-than-expected first-quarter financial result and issued second-quarter guidance below estimates.</li>
<li>Hope Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOPE#NASDAQ">HOPE</a>) declined 9.5% to $9.02 in pre-market trading.</li>
<li>Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) dipped 8.6% to $146.90 in pre-market trading following third-quarter results.</li>
<li>Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) fell 8.5% to $547.00 in pre-market trading after the company reported worse-than-expected quarterly earnings.</li>
<li>Syndax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDX#NASDAQ">SNDX</a>) fell 7.5% to $12.42 in pre-market trading. Syndax Pharmaceuticals will report its first quarter financial results and provide a business update on Monday, May 5.</li>
<li>Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) fell 7% to $568.00 in pre-market trading following weak quarterly earnings.</li>
<li>Sanmina Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>) fell 5.8% to $76.00 in today's pre-market trading. Sanmina posted upbeat results for its second quarter, but issued weak forecast for the third quarter. The company said it sees third-quarter adjusted earnings of $1.35 to $1.45 per share, versus market estimates of $1.53 per share. It also expects sales of $1.925 billion to $2.025 billion for the current quarter, versus market projections of $2.06 billion.</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) fell 4.7% to $18.99 in pre-market trading.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) declined 4.3% to $27.87 in pre-market trading following first-quarter earnings.</li>
<li>AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) fell 2.8% to $67.96 in pre-market trading following quarterly results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/04/45060164/general-motors-coca-cola-and-3-stocks-to-watch-heading-into-tuesday">General Motors, Coca-Cola And 3 Stocks To Watch Heading Into Tuesday</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

HOPE

REGN

SANM

SNDX

SPOT

UCTT

XPEV

NXP Semiconductors, Brinker International, Ultra Clean, Sanmina And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

SPOT: -9% &#x7C; <a href="https://www.benzinga.com//node/45062045">Spotify shares are trading lower after the company reported worse-than-expected Q1 EPS.</a>
&nbsp;
NXPI: -8% &#x7C; <a href="https://www.benzinga.com//node/45061314">NXP Semiconductors shares are trading lower after the company reported Q1 financial results and issued Q2 EPS guidance with its midpoint below estimates. The company announced CEO Kurt Sievers will retire at the end of 2025.</a>
&nbsp;
HON: 6% &#x7C; <a href="https://www.benzinga.com//node/45062055">Honeywell shares are trading higher after the company reported better-than-expected Q1 financial results and raised its FY25 adjusted EPS guidance.</a>

Market-Moving News for April 29th

Financing

Press Releases

NXP Secures €1 Billion EIB Loan to Advance Semiconductor Innovation in Europe

NXP Semiconductors Announces Conference Call to Review Fourth Quarter and Full Year 2024 Financial Results

Earnings

NXP Semiconductors Reports Fourth Quarter and Full-Year 2024 Results

NXP Agrees to Acquire Edge AI Pioneer Kinara to Redefine the Intelligent Edge

Dividends

NXP Semiconductors Announces Quarterly Dividend

New S32K5 microcontroller family advances zonal SDV architectures and extends the NXP CoreRide platform

NXP Semiconductors Announces Conference Call to Review First Quarter 2025 Financial Results

NXP Semiconductors Reports First Quarter 2025 Results, Announces Management Transition

NXP Announces Availability of Proxy Materials for the Annual General Meeting of Shareholders to Be Held on June 11, 2025

NXP Unveils Third-Generation Imaging Radar Processors for Level 2+ to 4 Autonomous Driving

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