NXPI · News · 20260805N
Acquisitions and Divestitures
NXP Semiconductors N.V. · 2026-08-05 · Importance 28 · Surprise 42
Nokia reportedly acquired NXP’s fabrication plant in Chandler, Arizona. Nokia plans to convert the facility to produce indium-phosphide optical chips used in AI data-center networking. The transaction is expected to close in the first quarter of 2029, but the digest does not provide the purchase price or NXP’s expected financial proceeds.
Key facts
- Segall Bryant & Hamill LLC purchased 11,317 shares of NXP Semiconductors N.V. valued at approximately $2.26 million. source