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AI Index / NXP Semiconductors N.V.
NXP Semiconductors N.V. (NXPI)
NXP Semiconductors' products -- used in areas like automotive electrification and industrial applications --play a role in the advancement of AI in areas like automotive technology where radar and BMS chips impact sensor data processing and analytics.
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Location: NL
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Market Cap: $58.1B
link
https://www.nxp.com
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In industrial and IoT, revenue was $616 million, up 7% versus the year-ago period and in line with our guidance. Our performance compared favorably versus the year-ago period, driven by demand in China and Asia Pacific, while the trends in the European and North American markets remained soft.
- Kurt Sievers
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Quotes from nxp-semiconductors Executives About Artificial Intelligence and Generative AI
At the same time, I also have to say in this call, it takes longer than we thought. So it reaches now into the third quarter. We were hopeful it would end a little earlier.
- Kurt Sievers