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Texas Instruments Shares Sink as Tariff Risks Cloud Chip Demand Outlook
DALLAS COUNTY, TEXAS, JUL 22 – Texas Instruments posted a 16% revenue increase but lowered third-quarter guidance due to tariff uncertainty, causing shares to drop over 9%, analysts noted a cautious tone shift.
- On Wednesday, Texas Instruments shares tumbled over 9% in after-hours trading, despite beating second-quarter sales and earnings.
- In its latest report, Texas Instruments reported earnings of $1.41 per share against $1.35 expected, with revenue of $4.45 billion surpassing estimates.
- Amid industry tensions, ASML and TSMC warned about tariff-related uncertainty, highlighting pressures facing chip manufacturers.
- Among other movers, SAP U.S.-listed shares slipped 2% after reporting €9.03 billion for second-quarter revenue.
- According to analysts at J.P. Morgan, their outlook signals ongoing headwinds for chipmakers due to emerging tariff impacts and weaker demand projections.
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Companies that manufacture everything, from chips to steel, yesterday reported downward results from the trade war launched by U.S. President Donald Trump. The results of Texas Instruments and the steel manufacturer SSAB showed how the chaotic U.S. trade policy has already damaged their profits, increasing costs, disrupting supply chains and damaging consumer confidence. Semiconductor manufacturers such as Texas Instruments still do not directly…
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Coverage Details
Total News Sources19
Leaning Left5Leaning Right0Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 45%
C 55%
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