NXP Semiconductors N.V. (NXPI) 2026 Cantor Global Technology & Industrial Growth Conference March 10, 2026 8:00 PM EDT
Company Participants
Jeff Palmer – Senior Vice President of Investor Relations
Conference Call Participants
Matthew Prisco – Cantor Fitzgerald & Co., Research Division
Presentation
Matthew Prisco
Cantor Fitzgerald & Co., Research Division
Good morning all. I’m Matthew Prisco, analyst at Cantor Fitzgerald, covering semis and semi-cap equipment. And today, I have the pleasure of hosting this fireside chat with Jeff Palmer, Senior VP of IR for NXP. Thank you so much for joining us today.
Jeff Palmer
Senior Vice President of Investor Relations
Good morning. Thanks, Matt.
Question-and-Answer Session
Matthew Prisco
Cantor Fitzgerald & Co., Research Division
So we’ll be opening with a little near term. Okay. The analog story has been one of head fakes over the past few years. And last quarter, you highlighted a number of positive trends across your tracked KPIs. Are there characteristics in these trends today that make you believe we’re perhaps truly on the other side of the cycle this time? And are there any surprise in trends, thus far, through 1Q?
Jeff Palmer
Senior Vice President of Investor Relations
So we were joking about this at the beginning, Matt. We’re not going to be updating guidance today, sorry. But in terms of the KPIs that we do track, they do look like we have passed the bottom in terms of the cycle. Direct and disti backlog continues to build nicely. Customer escalations are continuing, so that kind of tells you that people maybe didn’t lay in the right amount of material. We are starting to see short-term orders increase, escalations and expedites. EDI feeds from our direct Tier 1 customers continue to build, so those are all positive things.
But the only challenge — and I
