NXP Lags Chip Index With Another Test Ahead
NXP Semiconductors N.V. shares fell Wednesday, lagging the rally in chip stocks. Investors looked past the auto and industrial chip supplier, focusing on AI-linked names that climbed faster. The stock closed at $321.88, slipping 0.54%. Shares changed hands between $318.71 and $327.48. The price is still under the $339.95 52-week high from May 27, with traders watching if last month’s rally can stick.