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NXP Semiconductors (NXPI) is a Dutch semiconductor company that specializes in designing and manufacturing microcontrollers, application processors, connectivity chips, RF power amplifiers, security controllers, communication processors, and sensors. NXP’s products are used in automotive, communication infrastructure, industrial, Internet of Things (IOT), and mobile applications, with operations in China, the U.S., Netherlands, Singapore, Japan, South Korea, Taiwan, Germany, and internationally. Established in 2006, NXPI is headquartered in Eindhoven, Netherlands.
With a market cap of $69.7 billion, NXP Semiconductor’s stock has gained 20.7% this year, outpacing the broader equities market. The stock is trading near its newly set 52-week high of $280.77.
