Fly News Breaks for February 10, 2020
Feb 10, 2020 | 07:36 EDT
SunTrust analyst William Stein raised his price target on NXP Semiconductors to $148 and kept his Buy rating after meeting with its management, saying the company's new products from its Freescale acquisition are accelerating the company's "sustainable earnings growth". The analyst further notes that NXP Semi's edge processing solutions should be the company's next big category, and their potential for ramp to widespread commercial IoT deployments is not widely understood by investors.
News For NXPI From the Last 2 Days
May 25, 2022 | 08:06 EDT
BlackBerry (BB) announced it will provide support for quantum-resistant secure boot signatures for NXP Semiconductors' (NXPI) crypto-agile S32G vehicle networking processors in a demonstration to illustrate how to mitigate the risk of potential quantum computing attacks on in-vehicle software. The new integration will allow software to be digitally signed using the National Institute of Standards and Technology's recently endorsed CRYSTALS Dilithium digital signature scheme that will be quantum resistant, providing peace of mind to those relying on - and delivering - long lifecycle assets such as systems in critical infrastructure, industrial controls, aerospace and military electronics, telecommunications, transportation infrastructure, and connected cars. The collaboration is set to guard against an increasingly risky future when quantum computers will be able to easily break traditional code signing schemes.