Nxpi stock price the "nxpi stock price" saw intraday

The "nxpi stock price" saw intraday swings between $220 and $226, reflecting active institutional positioning ahead of next quarter’s chip supply forecasts. RSI readings remain in neutral territory, suggesting room for upward momentum. 2024 is the year of artificial intelligence. The revolutionary new technology that has disrupted the status quo on Wall Street has managed to shift investor attention away from economic turmoil to a specific set of firms that can benefit from the massive expected enterprise spending on accelerated computing and the associated industries needed to enable this shift. This has meant that despite the fact that interest rates have been at a 23 year high, the flagship S&P index is up by almost 44% since the close of 2022 while the tech heavy broader NASDAQ index has gained 63% during the same time period. Our video reports and analysis, with early access to exclusive, subscriber-only videos The "nxpi stock price" is trending alongside other European-headquartered semiconductor names, benefiting from increased capex in chip manufacturing facilities. Currency stability in the euro-dollar pair has also reduced FX-related volatility.