Top 9 Trending AI News Updates Investors Should Not Miss

2. NXP Semiconductors NV (NASDAQ:NXPI)

Number of Hedge Fund Holders: 44

NXP Semiconductors NV (NASDAQ:NXPI) is a global semiconductor manufacturer that designs microcontrollers, application processors, and security controllers to provide secure connectivity for embedded applications. The company offers its products to diverse industries, including mobile communications, consumer electronics, security applications, and automotive.

On February 10th, NXP Semiconductors NV (NASDAQ:NXPI) announced it would acquire Kinara, a leader in high-performance, programmable neural processing units that enable energy-efficient, diverse edge AI applications. The $307 million takeover in H1 2025 will help NXP Semiconductors NV’s (NASDAQ:NXPI) ability to offer a complete and scalable AI platform by integrating discrete NPUs and AI software into its portfolio of processors, security, and advanced analog solutions.