Stock market today: Dow, S&P 500, Nasdaq futures rise as Wall Street looks to continue rally
NXP Semiconductors (NXPI) stock skidded over 5% lower in premarket hours after the semiconductor company’s Automotive revenue failed to impress investors.
In the fourth quarter, NXP reported adjusted profits of $3.35 per share, surpassing Wall Street estimates for adjusted earnings of $3.31 per share. The company posted revenue of $3.34 billion, slightly above expectations for $3.3 billion.
“Throughout 2025, we executed effectively despite a challenging first half, maintaining operational discipline while advancing our strategic priorities in software defined vehicles and physical AI,” NXP’s CEO Rafael Sotomayor said.
Revenue growth for NXP’s Automotive segment, which contributes over half of NXP’s total revenue, moderated to a 5% annual rate from the third quarter’s 6% growth. The segment brought in $1.8 billion in Q4, which came in a bit lighter than expectations for $1.9 billion.
The Industrial and Internet of Things unit reported 24% annual revenue growth ($640 million), the Mobile unit reported 22% revenue growth ($485 million), and Communication Infrastructure declined by 18% year over year ($334 million).
For the first quarter, NXP forecast revenue of $3.15 billion at the midpoint and diluted earnings per share of $4.21, which were ahead of the Street’s estimates for $3.09 billion in revenue and $2.95 per share, according to S&P Global Market Intelligence.