Micron’s Woes Are Trouble for Nvidia and These 5 Other Stocks, Analyst Says [Barron's]
NXP Semiconductors N.V. (NXPI)
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm
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Source: Barrons
Needham’s Rajvindra Gill on Tuesday reduced his forecasts for revenue for a range of segments within Nvidia, Microchip, ON Semiconductor, NXP Semiconductors, GlobalFoundries and Silicon Laboratories. On the list are areas such as gaming, computing, smart mobile devices, and others. Last week,Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech. Soft demand for PCs and handsets—in particular in China—are muting memory chip sales. Continue reading Micron (ticker: MU) said it expects non-GAAP earnings of $1.63 a share from revenue of $7.2 billion for its fiscal fourth quarter, which ends in August. Wall Street had been expecting $2.62 a share from $9.1 billion of revenue. The company now expects unit sales of PCs to be down nearly 10% from 2021 versus a previous projection that sales would be flat. For smartphones, Micron expects unit sales to fall by a percentage in the mid-single digits, compared with its previous call for growth in the mid-single digits.
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NXPI
Earnings
- 2/5/24 - Beat
NXPI
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/5/24 - Form PRE
- NXPI's page on the SEC website