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Texas Instruments stock falls 13% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. Texas Instruments shares plunged 13% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenue between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was slightly ahead o

Texas Instruments stock falls 12% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. Texas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenues between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was sli

Octobass

Composers and orchestras like to use their lowest instruments sparingly, for maximum impact. Few instruments go lower and are used more sparingly than the huge and strange octobass, one of the rarest classic instruments in existence. Invented in 1850 by Jean-Baptiste Vuillaume, the octobass was intended to bring an extremely deep rumble to the orchestra sound. The three-stringed instrument stands between 11 and 12 feet tall, about twice the height of a double bass. This giant bass produces soun

Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

Forward-looking: Texas Instruments has unveiled plans to invest more than $60 billion to expand its semiconductor manufacturing operations in the United States, marking what the company describes as the largest single investment in foundational chip production in US history. The initiative will include the construction and expansion of seven semiconductor fabrication plants across Texas and Utah, a move expected to create approximately 60,000 jobs. The investment comes amid ongoing efforts by t

Texas Instruments pledges 'historic' $60bn US chip investment

Texas Instruments pledges 'historic' $60bn US chip investment Texas Instruments operates 15 sites around the world, including facilities in the US and Asia Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a

Texas Instruments to make 'historic' $60bn US chip investment

Texas Instruments to make 'historic' $60bn US chip investment Texas Instruments operates 15 sites around the world, including facilities in the US and Asia Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a