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NXP Semiconductors falls on soft guidance amid weakness in automative chip unit

By Yahoo! Finance   |   Nov 4, 2024 at 05:12 PM EST
NXP Semiconductors falls on soft guidance amid weakness in automative chip unit

NXP Semiconductors reported better-than-expected Q3 earnings but gave a soft outlook due to ongoing weakness in its automotive business. The company's stock fell 5% in after-hours trading.

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