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ON Semiconductor Falls 5%, NXP Semiconductors Drops 4% as Soft Guidance Revives Auto Chip Worries; Skyworks Ticks Up, Qualcomm and Texas Instruments Dip

Source: 247wallst.com

Corporate Guidance & OutlookAutomotive & EVTechnology & Innovation
ON Semiconductor Falls 5%, NXP Semiconductors Drops 4% as Soft Guidance Revives Auto Chip Worries; Skyworks Ticks Up, Qualcomm and Texas Instruments Dip

Soft guidance from NXP Semiconductors is weighing on chipmakers most tied to the auto industry. Handset-focused peers are mixed, with no specific company moves or guidance figures provided.

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mildly negative

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NXPI-0.45

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