2024-02-04 08:59:16 ET
Summary
- NXP Semiconductors is scheduled to report its full fiscal year results early next week.
- Stocks in the sector are enjoying a strong momentum, in spite of the broader slowdown of revenue growth rates.
- NXPI is in a good position to deliver better-than-expected results, but investors should not get complacent.
NXP Semiconductors (NXPI) is about to report its full fiscal year results early next week, and given the recent performance of some other large cap semiconductors stocks, the expectations of yet another strong quarter are running high....
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NXP Semiconductors Earnings Preview: Short-Term Tailwinds, But Caution Is Advised