New York, February 1, 2026, 18:45 EST — Market closed.
- NXP shares dropped 3.2% on Friday, closing at $226.14.
- Semiconductor ETFs dropped 3%–4%, dragging chip stocks lower heading into the weekend.
- Traders are turning to NXP’s earnings and guidance for clues on auto and industrial demand.
NXP Semiconductors (NXPI) shares dropped 3.2% on Friday, ending the day at $226.14. The decline mirrored a wider selloff in chip stocks, which dragged major semiconductor ETFs down roughly 3%–4%.
That shift set the stage for the Dutch chipmaker’s earnings week. The company will release its quarterly and full-year results after Monday’s close, then field questions from analysts early Tuesday, it said. (NXP)
The timing couldn’t be more awkward. Late Sunday, U.S. stock index futures dipped, setting the stage for a week loaded with key data and major corporate earnings—conditions that tend to stir volatility in chip stocks. (MarketWatch)
NXP’s report is key since it straddles two sectors that have been tough to gauge recently: autos and industrial. Shifts in orders, pricing, or inventory often ripple through the wider analog and automotive-chip markets fast.
NXP’s rivals dropped on Friday as well: Qualcomm slipped roughly 0.4%, Texas Instruments fell 1.5%, and Analog Devices slid about 2.4%, per market data.
Analysts expect earnings per share to come in near $3.31, with revenue hitting roughly $3.31 billion, based on estimates from GuruFocus. (GuruFocus)
Investors are keen to hear management’s take on automotive production trends, industrial demand, and customer inventories. The company’s guidance for the upcoming quarter and year will probably have a bigger impact on the stock than the raw numbers themselves.
The bigger risk might lie beyond the company’s control. Since Donald Trump appointed Kevin Warsh to head the Federal Reserve, rate expectations have been all over the place. Investors remain unsure how that will impact borrowing costs and valuations, Reuters reported. Heather Long, chief economist at Navy Federal Credit Union, noted, “He is a pragmatist who won’t want to lose market trust by making cuts that aren’t warranted.” (Reuters)
Rising yields usually pressure long-duration growth stocks first, and semiconductors often behave that way—even when their fundamentals are tied more to cars and factories than cloud investment. In such an environment, a cautious outlook can weigh more heavily than usual.
If the stock finds a footing, it’ll probably hinge on NXP reassuring investors that demand in its key markets isn’t waning and that margins remain intact. Otherwise, expect the selloff to accelerate, especially with futures trending down ahead of Monday.
NXP is set to report earnings after the market closes on February 2, with its conference call scheduled for 8:00 a.m. EST the following day, according to the company’s investor relations calendar. (NXP)
