U.S. Markets open in 4 hrs 25 mins

Texas Instruments’ Earnings Hit by Weak Demand

Paige Tanner
Texas Instruments’ Earnings Hit by Weak Demand

Texas Instruments (TXN) is no exception. It supplies analog chips and microcontrollers to a broad customer base, which makes its earnings an economic barometer by which to measure the semiconductor industry’s health. TXN reported mixed earnings and weak guidance, which raised fears among investors that the US-China trade war is starting to impact the semiconductor industry.