NXP Semiconductors is trading 4.1% down at $248.51 amid a broader semiconductor slump tied to worries about AI capital spending and mounting competition from Chinese chipmakers.
- Shares are sliding alongside the SOXX ETF as investors rotate out of richly valued tech names ahead of the Federal Reserve’s upcoming policy decision.
- The downward move comes despite the company reporting strong second-quarter results and raised guidance on July 28, 2026.