NEW YORK, Jan 7, 2026, 15:30 ET — Regular session
- Texas Instruments shares fall in afternoon trade, lagging a mixed chip group
- Company set its fourth-quarter and full-year 2025 earnings call for Jan. 27
- Traders are watching for clearer signs the analog-chip inventory reset is easing
Texas Instruments Incorporated shares were down 3.6% at $185.23 in late afternoon trading on Wednesday, after closing at $192.10 a day earlier. NXP Semiconductors fell 3.1%, while Microchip Technology slid 2.0% and Analog Devices and ON Semiconductor each dipped about 0.4%.
The pullback matters because Texas Instruments is widely watched as a bellwether for analog chips used in factory gear and cars, markets that have been stuck in an inventory unwind. Investors have been quick to trade the stock on small shifts in demand signals.
This week’s moves underline how thin the conviction still is. Traders want confirmation that orders are stabilizing and that pricing and factory loadings can improve without another round of customer cuts.
TI said it will webcast its fourth-quarter and full-year 2025 earnings conference call on Tuesday, Jan. 27, at 3:30 p.m. Central time. Chief executive Haviv Ilan and finance chief Rafael Lizardi will take questions, along with investor relations head Mike Beckman, the company said. 1
Earlier this week, TI unveiled new automotive chips and tools aimed at advanced driver-assistance systems, including a high-performance computing system-on-a-chip, or SoC (a processor that combines key functions on one chip), and a new imaging radar chip. “The automotive industry is moving toward a future where driving doesn’t require hands on the wheel,” said Mark Ng, a director of automotive systems at TI. 2
Sentiment across the analog group improved after Microchip raised its fiscal third-quarter net sales forecast to about $1.19 billion on strong bookings. “Our bookings activity was very strong in the December quarter despite a holiday filled quarter,” Microchip CEO Steve Sanghi said. 3
Barron’s reported on Tuesday that Texas Instruments rose 8.2% as Microchip’s update sparked a broader bid for analog and auto-exposed chip names, including NXP. 4
The wider market has been leaning back into AI-linked megacaps, and the S&P 500 hit a record high on Wednesday, Reuters reported. Investors were also looking toward Friday’s U.S. payrolls report after mixed labor data. 5
But the recovery case can still wobble if customers keep stretching out the inventory correction. Microchip said its improvement was tied to progress in “inventory correction” across distributors and direct customers and to new designs moving into production. 6
For Texas Instruments, the next catalyst is Jan. 27, when it reports results and gives fresh guidance on industrial demand, auto orders and factory utilization. Traders are also bracing for Friday’s jobs data and Microchip’s Feb. 5 report as near-term tests for the broader chip cycle.
