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NXP could lose $100 million due to weather shutdown of Austin plants

NXP could lose $100 million due to weather shutdown of Austin plants Kara Carlson, Austin American-Statesman © Mark Matson/for American-Statesman NXP Semiconductors operates two chip fabrication facilities in Austin NXP Semiconductors could lose $100 million in revenue from the shutdown of its Austin chip-making operations due to last month s winter storms, the technology company says. NXP said its two Austin fabrication plants are back up and running nearly a month after they lost power during statewide outages when sub-freezing temperatures swept across the state. Millions of Texas homes and businesses lost electricity as the state s power grid came close to a total shutdown.

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