NXP completes asset sale, stock price surges nearly 6% in a single day

Economic Observer Network NXP Semiconductors (Ticker: NXPI.OQ) experienced a significant price movement on February 11, 2026, with a sharp increase of 5.95% in a single day, closing at $250.70. The trading volume reached $701 million. This price movement was primarily driven by the completion of a major asset sale, outperformance of the sector, and positive institutional expectations.

Recent Events

According to Economic Observer Network on February 11, 2026, STMicroelectronics (STM) announced on February 10 that it had completed the acquisition of NXP’s MEMS sensor business. The deal was initially announced in July 2025 and was officially finalized after receiving all regulatory approvals. NXP management disclosed during the February 3 earnings call that the company had gained a total of $900 million from this sale and expected to recognize approximately $630 million in one-time gains in the first quarter of 2026. The business being sold generated annual revenues of about $300 million and will help the company focus more on core strategic areas such as software-defined vehicles and edge artificial intelligence.

Sector Performance

On February 11, NXP’s stock significantly outperformed the broader market. The Nasdaq Composite index slightly declined by 0.07%, and the Dow Jones Industrial Average fell by 0.12%, while the semiconductor sector overall rose by 2.36%. The strong rise in NXP’s stock price indicates positive market reactions to its strategic adjustments.

Institutional Views

Institutional research shows that as of February 2026, 34 institutions have issued ratings on NXP, with 85% holding a “Buy” or “Overweight” recommendation. The average target price among these institutions is $261.44. The market is optimistic about the company’s future performance improvements.

The above content is compiled from public information and does not constitute investment advice.

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