NEW YORK, January 1, 2026, 16:32 ET — Market closed
Texas Instruments Incorporated shares closed down $1.92, or 1.1%, at $173.49 on Wednesday, the final trading day of 2025, with U.S. stock markets shut on Thursday for the New Year’s Day holiday. The stock traded between $173.10 and $176.12, while the iShares Semiconductor ETF (SOXX) — an exchange-traded fund that tracks a basket of chip stocks — fell 1.2% and the SPDR S&P 500 ETF (SPY) slipped 0.7%. 1
The year-end drop matters because Texas Instruments is widely treated as a bellwether for cyclical demand, particularly in industrial and automotive markets that tend to move with factory output and vehicle production. With earnings season approaching, investors are trying to gauge whether the analog chip cycle is stabilizing or slipping again.
Wall Street finished 2025’s last session lower in light trade, and investors used the quiet tape to lock in gains after a volatile year, Reuters reported. “It was a rather tiring year looking back on it,” said Scott Ladner, chief investment officer at Horizon in Charlotte, North Carolina. 2
Texas Instruments’ slide extended a four-session losing streak and left the stock about 22% below its 52-week high hit in July, according to MarketWatch data. 3
The Dallas-based company is a major producer of analog chips — components that manage power and convert real-world signals into data — used in everything from factory equipment and cars to consumer electronics.
Wednesday’s move was broad-based across the group. Analog Devices fell 1.3% and Microchip Technology dropped 1.5%, underscoring a cautious tone in the chip complex into year-end.
The next major catalyst is earnings. Public.com’s market data shows analysts expect Texas Instruments to report around Jan. 22, with projected earnings per share of about $1.30. 4
That report will be parsed for demand signals in industrial and automotive, along with any commentary on inventories in the supply chain. Investors will also watch gross margin — a key profitability measure that shows how much revenue remains after production costs.
Before the next session on Friday, Jan. 2, traders will look for signs that semiconductor shares can regain their footing after the year-end retreat, particularly if risk appetite improves when liquidity returns.
Early January macro data is also on the radar because it can shift interest-rate expectations, which often drive valuations for chip stocks. The Institute for Supply Management said its manufacturing report featuring December data is due on Jan. 5, while the U.S. Labor Department’s monthly employment report is scheduled for Jan. 9, according to the Bureau of Labor Statistics calendar. 5
For Texas Instruments, the near-term setup is straightforward: after closing well below its summer peak, investors are looking for a clean read on whether order trends are improving enough to support a rebound in 2026.
Until that clarity arrives, TXN is likely to trade with the broader semiconductor group and the wider market’s view on growth and rates, with January’s data and earnings updates setting the tone for the next leg.
