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home / news releases / NXPI - Analog Devices: Get Ready For The Upcycle

NXPI - Analog Devices: Get Ready For The Upcycle

NXP Semiconductors N.V.

2024-05-27 23:55:12 ET

Summary

  • 2Q24 seems to have marked the bottom of the current cycle and indicating a recovery is underway.
  • Analog Devices saw improving trends across all segments and expects positive sequential growth in 3Q24.
  • ADI's inventory management and potential for gross margin upside support a positive outlook for the company.

Investment action

For further details see:

Analog Devices: Get Ready For The Upcycle
Stock Information
Company Name: NXP Semiconductors N.V.
Stock Symbol: NXPI
Market: NASDAQ
Website: nxp.com
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