NXP Semiconductors (NASDAQ:NXPI) surprises with Q3 sales but stock drops

Chip manufacturer NXP Semiconductors (NASDAQ: NXPI) reported Q3 2026 results beating Wall Street’s revenue expectations, with revenue up 19.3% year on year to $3.79 billion. On the other hand, next quarter’s revenue guidance of $3.85 billion was less impressive, coming in 0.6% below analysts’ consensus estimates. Its non-GAAP profit of $4.20 per share was 2% above analysts’ consensus estimates.