NXP targets double-digit growth in 2027 on software-defined vehicles, industrial AI and data centers

NXP Semiconductors expects double-digit growth in 2027, with management saying the expansion rests on several structural drivers rather than a cyclical rebound. Key areas include software-defined vehicles, industrial AI and data centers.

• NXP expects double-digit revenue growth in 2027
• Software-defined vehicles are a core growth driver
• Industrial AI and data centers are also key
• Company moves away from relying on a cyclical rebound