NXP Projects Revenue That Would Top Estimates on Robust Demand
Yahoo! Finance
(Bloomberg) -- NXP Semiconductors NV, a major chip supplier to the automotive industry, said it sees strong demand that will drive robust growth for the reminder of the year and into 2022.The Dutch company reported second-quarter revenue rose 43% from a year earlier to $2.6 billion as global chip shortages continue to drive sales. That compares with the $2.57 billion average estimate from analysts surveyed by Bloomberg.“We continue to be very positive about the long-term demand trends across all
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