Rafael Sotomayor

CEO, NXP

He corrects analysts who call his acquisitions bets on cars. The industrial business added the same revenue as automotive last quarter from a third of the base, which is the receipt behind the relabeling.

Based: Eindhoven, Netherlands
Company: NXP
Known for: Taking over NXP in October 2025 and recasting a car-chip company as a physical AI company.

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Silicon

NXP's industrial business just matched automotive's $209 million gain.

Rafael Sotomayor calls NXP a physical AI company with automotive as its biggest market. The smaller industrial business just added the same $209 million in a quarter.

September 14, 2026 · 2 min read