Reported Earlier, Trump Administration Weighing New Round Of Sweeping Tariffs On Semiconductors - Politico Exclusive
https://www.politico.com/news/2026/08/27/data-centers-chips-tariffs-threat-01050957
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Texas Instruments Says AI Data Center Demand Will Stay Strong 'for the Foreseeable Future'
Why is TXN stock dropping premarket? Texas Instruments beats Q2 estimates, announces a CFO change, and issues Q3 guidance.
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Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.
Read original at benzingaCantor Fitzgerald Reiterates Neutral on Texas Instruments, Maintains $340 Price Target
Cantor Fitzgerald analyst Matthew Prisco reiterates Texas Instruments (NASDAQ:TXN) with a Neutral and maintains $340 price target.
Read original at benzingaShares of semiconductor and chip companies are trading higher as risk assets enjoy a tailwind. Also, financial results and commentary from companies such as ON Semiconductor and Palantir may help support the ongoing themes of chip supply shortages and growing demand from an expansionary AI services sector.
Read original at benzinga