NXP Semiconductors CEO: China Is Taking the Lead In COVID-19 Recovery

Chipmaker NXP Semiconductors (NASDAQ: NXPI) reported second-quarter results late Monday evening. The Dutch-Texan company posted lower sales and earnings due to the ongoing COVID-19 health crisis but management also sketched out a gradual return to normalcy in the fall. Chinese customers are already stocking up on industrial computing chips and products designed for the Internet of Things.

Metric

Q2 2020

Continue reading

Source Fool.com