How NXP Semiconductors Is Moving Into Artificial Intelligence

To NXP Semiconductors (NASDAQ:NXPI), a leading provider of embedded chips (electronics found in things like automobiles and factories), Industry 4.0 centers around four technologies: fast networking, fast processing (with artificial intelligence), human-machine interfaces, and cybersecurity. The confluence of these four technologies has the potential to more fully automate factories, automobiles, and wearable devices. According to IHS, there will be over 70 billion internet-connected devices by 2025. But while the NXP conversation largely centers around its impending acquisition by Qualcomm (NASDAQ:QCOM) (which may or may not happen), investors may be missing out on some exciting recent news on NXP products geared toward Industry 4.0. On artificial intelligence, NXP is perceived to lag competitors such as NVIDIA, the leading producer of AI-focused graphics processing units (GPU).