Why Is NXP (NXPI) Down 7.4% Since Last Earnings Report?
NXP Semiconductors reported better-than-expected Q2 2026 results with non-GAAP earnings of $3.61 per share (up 32.7% YoY) and revenues of $3.50 billion (up 19.5% YoY). The company showed broad-based growth across automotive, industrial, and data center segments, with AI becoming an increasingly important growth driver. Despite strong earnings, shares have underperformed the S&P 500 by 7.4% over the past month. NXP has a Zacks Rank #3 (Hold) with upward estimate revisions.