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With a market cap of $81.7 billion, NXP Semiconductors N.V.
(NXPI) is a global semiconductor company that designs and supplies a wide range of advanced chip solutions across the United States, Europe, and Asia.
Headquartered in Eindhoven, the Netherlands, it sells its products through direct sales offices and independent distributors worldwide.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and NXP Semiconductors fits this criterion perfectly.
Its product portfolio includes microcontrollers, application and communication processors, wireless connectivity solutions, analog and interface products, RF devices, security controllers, and environmental and inertial sensors.
These technologies support key markets such as automotive, industrial and Internet of Things, mobile devices, and communication infrastructure.
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Shares of the analog semiconductor company have dipped 5.3% from its 52-week high of $339.95.
Over the past three months, shares of NXPI have soared 49.5%, lagging behind the State Street SPDR S&P Semiconductor ETF’s (XSD) increase of nearly 92% during the same period.
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