Texas Instruments Forecast Disappoints

4 days ago

Nathan Hager

"Texas Instruments is down 7.7% in the pre-market. This is the biggest maker of analog chips. They gave a disappointing forecast for a second quarter in a row. It's just adding to concerns that the turnaround for the analog chip sector is sputtering. The CEO saying customers are still in a wait and-see approach to their chip demands, to their capital expenditures as tariff uncertainty continues to slow down business decisions. They highlighted particular weakness in autos and in their China business."

Texas Instruments reported a disappointing Q2 forecast, with weak demand in autos and China, attributed partly to tariff uncertainties and cautious customer spending.

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