Tag Archives: Texas Instruments plunges after warning of semiconductor slowdown amid trade tension

The Dallas-based company is considered a broad indicator for sectors that consume electronic components. Texas Instruments shares plunged the most in almost 11 years after the chipmaker gave a weaker-than-expected forecast and warned that trade tension is making customers far more cautious. The report spurred a sell off in semiconductor stocks. The Dallas-based company’s stock was down 6.5% in Wednesday …

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