Movement Alert|NXP Semiconductors NV Rises 3.68% in Regular Trading, Singapore 12-Inch Wafer Fab Grand Opening Boosts Market Confidence

Market Focus
Oct 02

On October 2, NXP Semiconductors NV rose 3.68% in regular trading, trading at $247.3 per share, with turnover of approximately $22.68 million. The rally was driven by the official opening of the companys joint venture wafer fabrication facility in Singapore.

NXP Semiconductors NV and Vanguard International Semiconductor's joint venture, VisionPower Semiconductor Manufacturing (VSMC), held the grand opening ceremony for its first 12-inch (300mm) wafer fab in Tampines, Singapore. The facility has completed construction and entered risk production, with first sample yields exceeding 99%. Volume production is scheduled to begin in Q1 of next year, with full ramp-up expected by 2029 to a monthly capacity of 44,000 12-inch wafers, creating approximately 1,600 jobs. The fab employs automated smart manufacturing with process nodes spanning 130nm to 40nm, focusing on mixed-signal, power management, and analog chip production to serve automotive-grade, industrial, and high-performance computing end markets. The move is designed to strengthen NXP Semiconductors NV's global supply chain resilience.

Within the Semiconductors sector, AMD rose 3.08%, Intel gained 2.97%, NVIDIA added 2.36%, Broadcom climbed 2.25%, while Micron Technology slipped 0.31%.

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