NXP Semiconductors (NXPI) Stock Shakes Off Chip Gloom – AI & Auto Hopes Fuel Rebound
Stock Price & Recent Trading Activity NXP’s stock has seen choppy trading in recent days amid mixed signals from the semiconductor sector. Early last week, NXPI shares slid into the mid-$210s after peer Texas Instruments spooked the market with a dour outlook. TI reported soft demand for its chips and high customer inventories, sending its stock down ~7.5% and dragging NXP ~2–3% lower in sympathy ts2.tech. On October 22, NXP closed around $217.16 – a multi-week low – on heavy volume, as investors reacted to signs of an industry slowdown statmuse.com. This sector-wide selloff (which also hit names like Microchip