Texas Instruments Incorporated is trading 3.7% down now at $294.08 as part of a broad decline in technology and semiconductor shares following recent weakness in the sector.
- The drop aligns with a risk-off move in U.S. markets, where the S&P 500 and Nasdaq Composite are both lower after the latest Employment Situation report.
- Continued pressure on high-valuation chip names like Broadcom and Micron is weighing on the broader semiconductor industry.