Texas Instruments flags demand slowdown after tariff-driven spike
U.S. chipmaker Texas Instruments said demand has cooled after a spike in April that was driven by customers rushing to place orders to get ahead of the “Liberation Day” tariff announcement.
Shares of the company fell nearly 4% on Thursday.
Speaking at the Citi Global TMT Conference, TI finance chief Rafael Lizardi said January-to-April strength was partly due to tariff-induced market dynamics ahead of President Donald Trump’s April 2 tariff announcement.
