🔴 Texas Instruments is trading 3.5% down today amid broad semiconductor selloff over capex concerns

Texas Instruments is trading 3.5% down at $279.24 amid a broad semiconductor sector decline linked to concerns over rising capital spending and AI infrastructure costs.

• The move follows TSMC’s sharply higher capex plans and record profits, which have triggered profit-taking and valuation worries across chipmakers.
• The broader semiconductor market is under pressure, with the SOXX index facing headwinds as investors reassess the long-term costs of AI-related infrastructure.