Analysts attribute its weakness to subdued growth at Apple and loss of businesses at Intel, Mediatek.
The chip giant's deals with Delphi and BMW are proof it's taking the autonomous driving market seriously. But Nvidia and Qualcomm/NXP present stiff competition.
Oil prices tumble Tuesday on doubts that OPEC can reach an agreement to cut production; U.S. stock futures point to a mild rebound for Wall Street.
Buying a seat in the connected car has never been more attractive.