15 Trending AI Stocks on Latest News and Ratings

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12. NXP Semiconductors N.V. (NASDAQ:NXPI)

Number of Hedge Fund Holders: 44  

NXP Semiconductors N.V. (NASDAQ:NXPI) makes and sells various products related to semiconductors. NXP offers a comprehensive portfolio of microcontrollers and processors optimized for AI and machine learning applications in automotive, smart industrial and IoT industries. On November 22, Wells Fargo initiated coverage of the stock with an Overweight rating and $250 price target. While semiconductor demand continues to bounce along the bottom, NXP’s competitive positioning and diverse manufacturing strategy can drive continued market share gains and further its gross margin leverage toward its new 57%-63% 2027 target, the advisory told investors in a research note.

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