Reported about 12 hours ago
Texas Instruments shares fell over 8% in premarket trading as the company announced a disappointing fourth-quarter profit and revenue forecast, raising concerns about a prolonged recovery in the analog chip sector amid ongoing tariff uncertainties. The company's outlook, projecting $4.4 billion in revenue and earnings per share of $1.26, fell short of market expectations, leading several brokerages to lower their price targets. The stock has declined about 3.5% this year, reflecting a cautious sentiment in the semiconductor industry.
Source: YAHOO