NXP Posts Record 25% Gain as Stronger Auto Market Boosts Outlook

NXP Semiconductors NV shares jumped the most since its 2010 market debut after giving an upbeat revenue forecast, a sign the chipmaker is bouncing back from a prolonged auto industry slump and tariff uncertainties.

Revenue in the second quarter will be $3.35 billion to $3.55 billion, the Dutch company said in a statement on Tuesday. This beats the average analyst estimate of $3.27 billion, according to data compiled by Bloomberg.

“The momentum we have built is expected to accelerate through the remainder of 2026,” Chief Executive Officer Rafael Sotomayor said in the statement.

NXP shares jumped ...