Mizuho Turns Bearish on NXP: Auto Exposure and Weak 2026 Outlook Cited
Mizuho cut NXP to sell, slashing target to $188 on weak car demand and high inventory.
Already have an account? Sign in.
Mizuho cut NXP to sell, slashing target to $188 on weak car demand and high inventory.
Despite beating Q1 estimates and raising full-year guidance, CrowdStrike shares plunged after hours as operating expenses surged 15% on heavy AI investments.
Broadcom reported $22.2B revenue and 143% AI growth in Q2 2026, but shares dropped after Q3 guidance fell short of Wall Street’s blowout expectations.
Navitas Semiconductor surged following a release detailing its collaboration with NVIDIA on data center racks, but analysts remain skeptical.