3min chapter

Closing Bell cover image

Closing Bell Overtime: Bessemer’s Byron Deeter On When The AI IPOs Are Coming; Bitwise CEO On Spot Ether ETFs 7/22/24

Closing Bell

CHAPTER

NXP Semiconductor Quarterly Earnings and Semiconductor Inventory Challenges

The chapter covers NXP Semiconductor's earnings report with adjusted earnings slightly below expectations and a forecast of lower revenue, leading to a drop in stock price. It also discusses semiconductor inventory challenges in the automotive industry, exacerbated by the pandemic and factors like high interest rates and costs of electric vehicles.

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