What to Expect From Upcoming NXP Semiconductors Q3 Results
<p><a href='https://financialmodelingprep.com/financial-summary/NXPI'>NXP Semiconductors N.V. (NASDAQ:NXPI) </a>is expected to report its Q3 results on Nov 1, 2021. Analysts at Oppenheimer anticipate a modest beat/raise setup to the consensus’ Q3 sales/EPS of $2.9 billion/ $2.75 and Q4 of $2.9 billion/$2.85. Demand is expected to outpace supply into 2022 as management beefs up capacity. Front-end external/internal capacity is split roughly 60/40 today. External supply is expected to increase over time as the company moves to more advanced (<90nm) nodes, typically on 300mm wafers. </p>
<p>Auto is expected to grow 51% year-over-year in Q3, driven by Radar, BMS, and eCockpit. Industrial & IoT is expected to increase 17% year-over-year in Q3, led by MCU and edge processors. Comm Infrastructure grows 1% year-over-year in Q3 led by 5G RAN builds. The analysts see long-term growth sustainable led by auto, 5G RAN and mobile.</p>

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