Texas Instruments is trading at $282.00 (3.17% down) following a broad semiconductor selloff that pressured chip stocks in pre-market trading.
- The decline is sector-driven, with the SOXX down 4.39% amid renewed concerns regarding TSMC capex, AI spending durability, and current valuations.
- The move follows a decline in the prior session, reinforcing the trend as part of a wider industry pullback rather than a company-specific announcement.