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NXP Shares Slide After Chipmaker Gives Tepid Revenue Forecast
Source: Bloomberg
Corporate Guidance & OutlookCompany FundamentalsTechnology & InnovationAutomotive & EV
NXP Semiconductors slid in late trading after forecasting weaker revenue than anticipated. The outlook raised concerns that a recovery in demand from its automotive and industrial customers is slowing; the article provided no forecast figures or share-price decline.
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