NXP Surges on Auto Demand, $800M Volume Ranks 133rd

. 18, , , ranking the stock 133rd in market activity. The rally follows renewed investor interest in automotive and industrial semiconductor demand amid sector-wide supply chain adjustments.

Recent reports highlighted NXP’s strategic position in the automotive chip shortage recovery, with analysts noting its expanding market share in secure microcontrollers for electric vehicles. , driven by tier-1 automaker orders. The company’s recent partnership with a European for chip integration was also cited as a catalyst for near-term technical momentum.

. This aligns with broader industry trends of , which have pressured analog and logic chipmakers more severely than companies with diversified automotive exposure. .

To run this back-test accurately I’ll need a few clarifications: Market / Universe – Should we use U.S. listed equities only (NYSE + NASDAQ)? If you prefer another region or a predefined universe (e.g., S&P 500 constituents), please let me know. Price used for entry/exit – Buy at today’s close and sell at tomorrow’s close (standard “close-to-close” test), or buy at tomorrow’s open and sell at tomorrow’s close (“open-to-close” holding)? Transaction-cost assumptions (commissions, slippage) – if none, I’ll assume zero. Once I have this information I’ll generate the data-retrieval plan, pull the required daily volume data, form the top-500 list for each date, create trade signals, and run the strategy back-test from 2022-01-01 to the present.