NXP shares fall 7%+ after revenue outlook misses estimates

Published Tuesday, October 27, 2026 · 8:06 PM EDT

NXP Semiconductors forecast fourth-quarter revenue below estimates, sending its shares down 7%+ in after-hours trading, Bloomberg reported. The maker of chips for automotive and industrial customers reported third-quarter revenue of $3.79B, up 19% year over year and above estimates of $3.76B.

Sources

Techmeme

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital AI

Disruptive announces $10 billion fund for late-stage AI and defense bets

Disruptive announced a $10 billion fund Tuesday to back at least 10 late-stage companies, with individual investments of up to $1 billion, TechCrunch reported. The Dallas investment firm is targeting capital-intensive AI and defen...

Products Capital

Re:Build raises $2.1 billion to expand manufacturing and industrial startups

Re:Build has raised $2.1 billion in a round led by General Catalyst and JPMorganChase's Strategic Investment Group. The Massachusetts manufacturing accelerator said Tuesday that it will use the money to expand its capacity to manu...

Capital

Former Benchmark investors raise $1.252 billion for Diffusion ONE

Former Benchmark investors Victor Lazarte and Kris Fredrickson have raised $1.252 billion for their debut AI fund, Diffusion ONE, TechCrunch reported from SEC filings. The total exceeds the $800 million target Forbes reported in M...

Products Capital

Hex announces $100 million financing and rebuilt analytics platform

Hex says it closed a $100 million financing round at a $1.2B valuation and introduced Hex 4.0, a rewrite of its analytics platform. PeakXV and 137 Ventures led the round, with participation from Amplify, Avra, a16z, Redpoint, Sequ...

Infrastructure Products

ASM raises 2027 revenue forecast to more than €5.7B

ASM International raised its 2027 revenue forecast to more than €5.7B from above €4.6B forecast in July, as memory and advanced AI chipmakers expand production. The chip-equipment maker said the revised outlook would reach its 203...

Capital AI

Anthropic acquires Mithril Medicine and starts its own drug research

Anthropic says it has acquired Mithril Medicine, a one-person company developing treatments for two rare forms of muscular dystrophy, and begun running drug discovery programs itself. Founder Cody Tranbarger is continuing the rese...