Texas Instruments is a global technology company that designs and manufactures a wide range of semiconductors and integrated circuits, which are crucial components in various electronic devices. The company is known for its innovation in analog and digital signal processing technologies, enabling advancements in consumer electronics, automotive systems, industrial applications, and communications equipment. Texas Instruments also provides a comprehensive suite of tools and solutions for embedded processing, empowering engineers to create efficient and high-performance devices. With a strong commitment to research and development, Texas Instruments continues to play a pivotal role in shaping the future of technology across multiple industries. Read More
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN)
fell 12.3% in the afternoon session after it issued a weaker-than-expected forecast for the third quarter, sparking concerns about future demand for its chips.
Texas Instruments shares are trading lower on Wednesday following the release of second quarter earnings and third quarter guidance on Tuesday after the market closed.
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
CEO Haviv Ilan noted that the cyclical recovery is continuing, while customer inventories remain at low levels, and emphasized that in times like these, it is crucial to have sufficient capacity and inventory
Before the opening bell on Wednesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Baird’s Tristan Gerra attributed the post-market weakness to investors' concerns about a change in the management tone on the call, combined with a sequentially flattish gross margin guidance.
