- Insider Monkey
NXP Semiconductors N.V. (NASDAQ:NXPI): A Chip Stock Powering The AI Boom
We recently compiled a list of the 35 Chip Stocks Powering AI Boom. In this article, we are going to take a look at where NXP Semiconductors N.V. (NASDAQ:NXPI) stands against the other AI stocks. AI has played a pivotal role in driving growth within the semiconductor market, transforming it into one of the most […]
- Insider Monkey
NXP Semiconductors N.V. (NXPI): A Very Important AI Stock According to BlackRock
We recently compiled a list of the 30 Most Important AI Stocks According to BlackRock. In this article, we are going to take a look at where NXP Semiconductors N.V. (NASDAQ:NXPI) stands against the other AI stocks. Artificial intelligence has been the buzzword around Wall Street for many months but a recent selloff in the technology […]
- Reuters
NXP Semiconductors to invest more than $1 billion in India as it boosts R&D efforts
NOIDA (Reuters) -NXP Semiconductors will invest over $1 billion in India, doubling its research and development efforts, the Dutch company's CEO said on Wednesday, joining global names betting on a country looking to establish its presence in the industry. "NXP is committed to double its R&D efforts here in the country in the next few years, which is far in excess of a billion dollars," CEO Kurt Sievers said at the Semicon India conference near New Delhi. Though chipmaking is still at a nascent stage in India, it is a crucial element of its economic strategy, with a $10 billion incentive package allocated to bolster efforts to rival global chipmaking powerhouses like Taiwan.
