NXPI · News · 20260808N

Acquisitions and Divestitures

NXP Semiconductors N.V. · 2026-08-08 · 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

• Assenagon Asset Management S.A. increased its stake in NXP Semiconductors N.V. by 72.3% in the second quarter, now holding 370,193 shares valued at approximately $104.03 million. source