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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These Analysts Boost Their Forecasts On Texas Instruments After Upbeat Q2 Results
Texas Instruments reported upbeat Q2 results with revenue of $5.46B and earnings of $2.14/share. Analysts raise price targets, stock falls 5.2%.
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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