Why NXP Semiconductors (NXPI) Shares Are Falling Today

By Yahoo! Finance | Jul 23, 2024 at 01:45 PM EST

NXP Semiconductors (NASDAQ: NXPI) shares dropped 10.1% due to lower revenue guidance and increased inventory levels. Despite a 5% revenue decline, the company is expected to see growth soon. The stock market's reaction may present a buying opportunity.

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