NXP Semiconductors is preparing for the recovery of demand for auto chips? It will acquire TTTech Auto for $0.625 billion.
Auto chip manufacturer NXP Semiconductors will acquire TTTech Auto from Austria for 0.625 billion dollars.
Wells Fargo Maintains NXP Semiconductors(NXPI.US) With Buy Rating, Maintains Target Price $250
NXP Semiconductors: Strategic Acquisitions Drive Buy Rating Amid SDV Market Growth
Nomura's Global Macro Research Director: The Federal Reserve will only cut interest rates once in 2025, and it is even possible that there may be a rate increase?
Is the interest rate cut no longer happening.
TrendForce: Strategy and cost considerations drive a more positive attitude towards cooperation between European, Japanese IDM and Chinese wafer fabs.
Due to China encouraging domestic car companies to increase the proportion of domestically produced chips to 25% before 2025, and also supporting foreign companies to localize production, the strategy of China for China and cost considerations have driven a more positive attitude towards cooperation between European and Japanese IDM and Chinese wafer factories.
VicOne expands cooperation with NXP Semiconductors.
On January 8, Gelonghui reported that VicOne is expanding its partnership with NXP Semiconductors, which will promote the safe and confident differentiation of vehicles in the Autos Infrastructure using AI toolkits and Other innovative technologies.
VicOne Expands Collaboration With NXP Semiconductors to Enable Automakers to Securely and Confidently Differentiate Vehicles With AI Cockpits and Other Innovative, AI-Powered Services
NXP Bets $625M On TTTech Auto To Accelerate Software-Defined Vehicle Market: Details
RPM International, Cal-Maine Foods And 3 Stocks To Watch Heading Into Tuesday
"AI venture capital" is making a big splash! Nearly half of the venture capital in the USA for 2024 is flowing towards AI companies.
① In 2024, the Global venture capital financing amount increased to 368.5 billion USD, with AI startups accounting for 35.7% of the financing, up from 24.7% in 2023; ② USA startups secured 209 billion USD in financing, nearly half of which went to AI companies; ③ In 2024, USA AI startups received 97 billion USD in financing, a record high.
NXP: TTTech Auto Deal Is Next Big Step in Journey to Become Leading Provider of Intelligent Edge Systems in Automotive and Industrial IoT >NXPI
Express News | NXP Semiconductors: TTTech Auto and its management team, IP, Assets, and approximately 1,100 engineers will join NXP Semiconductors' Autos Business team.
Express News | Nxp Will Add Software Maker Tttech to Its Automotive Business
Express News | Dutch Chipmaker Nxp to Buy Austria's Tttech Auto for $625 Mln
What happened? Global chip stocks have collectively surged, with NVIDIA and Taiwan Semiconductor both reaching new closing highs.
NVIDIA's intraday stock price has broken through $150 for the first time since last November, with semiconductor stocks in Asia, Europe, and the USA seeing a broad rise. The demand for AI stimulated Foxconn's revenue to reach a record high in the fourth quarter of last year, becoming the main driver for leading chip stocks. At the same time, Microsoft and OpenAI have both released bullish signals for AI demand, and the market is also looking forward to Jensen Huang's significant speech on Monday, which has boosted sentiment.
Sector Update: Tech Stocks Gain Late Afternoon
Sector Update: Tech
Market Chatter: NXP Semiconductors Expects Up to 10% of Revenue From India in 3 to 5 Years
Citi Says Avoid These Stocks in '25; SA Quant Ratings Says Not so Fast
Nvidia, Micron Lead Charge as Semi Stocks Climb Higher on Foxconn's Record Revenue