NXP Semiconductors (NXPI) Announces Collaboration with Nvidia on Robotics Solutions

NXP Semiconductors N.V. (NASDAQ:NXPI) is one of the 7 Cheapest AI Data Center Stocks to Buy Now.

On March 17, 2026, NXP Semiconductors N.V. (NASDAQ:NXPI) reported robotics solutions jointly with Nvidia, combining Nvidia Holoscan Sensor Bridge with NXP SoCs for sensor fusion, machine vision, and motor control. The corporation noted savings in component size, footprint, power, and cost savings while focusing on applications in humanoid robotics and physical AI systems. The corporation also outlined its efforts in edge processing, secure networking, and real-time control for robotics systems.

NXP Semiconductors N.V. (NASDAQ:NXPI) reported fourth-quarter revenue of $3.34 billion, up 7% year on year, and full-year revenue of $12.27 billion, a 3% decrease year on year. It posted non-GAAP diluted EPS of $3.35 in the fourth quarter and $11.81 in the full year, with $793 million in non-GAAP free cash flow in the quarter. It also bought back $338 million in shares and paid out $254 million in dividends during the quarter, with an additional $36 million in repurchases conducted after the quarter ended.

NXP Semiconductors (NXPI) Announces Collaboration with Nvidia on Robotics Solutions

A semiconductor. Photo by Tima Miroshnichenko on Pexels

NXP Semiconductors N.V. (NASDAQ:NXPI) is a holding company that provides semiconductor solutions. It operates in the following areas: China, the Netherlands, the United States, Singapore, Germany, Japan, South Korea, Malaysia, and other countries.

While we acknowledge the risk and potential of NXPI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NXPI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.