中国客户需求不振，芯片大厂不如预期，股价下挫

Core Viewpoint - NXP Semiconductors' earnings forecast may not meet investor expectations, leading to a decline in stock price during after-hours trading [3] Financial Performance - For Q2, NXP reported an adjusted EPS of $2.72 and revenue of $2.93 billion, a 6% decrease year-over-year [3] - Operating cash flow was $779 million and free cash flow was $696 million, with an adjusted gross margin of 56.5%, down from 58.6% a year ago [3] - Net profit was $445 million, slightly down from $490 million in the same period last year [3] Business Segment Performance - The automotive segment generated $1.73 billion in revenue, remaining flat year-over-year, making it the best-performing segment [4] - Communication and infrastructure sales fell by 27% to $320 million; mobile sales decreased by 4% to $331 million; industrial and IoT sales dropped by 11% to $546 million [4] - Concerns exist regarding ongoing demand issues in the automotive and industrial sectors, which may impact future revenues [4] Future Guidance - NXP's Q3 guidance suggests an EPS range of $2.89 to $3.30 and revenue between $3.05 billion and $3.25 billion, indicating some uncertainty despite exceeding Wall Street expectations [5] - The guidance reflects a cyclical improvement in core end markets, but analysts express concerns over pricing pressures and reduced demand from European clients [6][7] Market Reaction - NXP's stock fell by 5% in after-hours trading, erasing a 1% gain from regular trading hours, although the stock is still up over 9% year-to-date [8]