TXN - Texas Instruments Maxim gain after NXP Semi's improved outlook on auto mobile performance
NXP Semiconductors reported preliminary Q3 revenue of $2.2B, above the $2.01B consensus, particularly driven by end market improvements in Automotive and Mobile.Peers with auto exposure are on the move after the news, including Texas Instruments (TXN) +2.1%, Maxim Integrated (MXIM) +1%, and ON Semi (ON) +0.8%, which received a positive mention from Starboard Value earlier today.Previously: NXP Semiconductors reports Q3 preliminary revenue well above guidance (Oct. 08 2020)
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Texas Instruments, Maxim gain after NXP Semi's improved outlook on auto, mobile performance