New York, January 21, 2026, 12:20 PM EST — Regular session
- Texas Instruments shares climbed roughly 2% by midday, recovering from Tuesday’s decline.
- As markets steadied following tariff-related volatility, chip ETFs and their analog counterparts saw gains.
- All eyes are on Texas Instruments’ earnings call on Jan. 27, as investors seek clues on demand and future outlook.
Shares of Texas Instruments (TXN) climbed roughly 2.2% on Wednesday, hitting $193.82 around midday in New York after dipping to an intraday low close to $189.
The bounce is significant since Texas Instruments often serves as a barometer for industrial demand, and the stock approaches earnings amid jittery markets. Traders have been quick to fade sharp moves this month, yet tariff news has made that strategy tougher to pull off.
Semiconductor stocks climbed, with the iShares Semiconductor ETF rising roughly 2.1% and the VanEck Semiconductor ETF adding around 1.8%. Analog Devices, a key player in analog chips, jumped close to 2.9%, while Microchip advanced about 3%.
Broader U.S. indexes edged higher, with the S&P 500 ETF (SPY) gaining roughly 0.4% and the Nasdaq 100 tracker (QQQ) climbing about 0.5%. “Global investors are taking these threats seriously,” Jack Ablin, chief investment strategist at Cresset Capital, said to Reuters, as markets tried to steady themselves after the latest tariff shock. (Reuters)
Tuesday’s selloff hit hard: the S&P 500 dropped 2.06%, the Nasdaq tumbled 2.39%, and the Dow lost 1.76%, dragged down by renewed U.S. tariff threats linked to Greenland. Reuters reported a 10% import tariff is set to kick in Feb. 1. Both the S&P 500 and Nasdaq slipped below their 50-day moving averages—a key momentum indicator—while the VIX volatility index surged to its highest close since late November. (Reuters)
Texas Instruments, known for its analog and embedded processing chips used in industrial and automotive sectors, will webcast its Q4 and full-year 2025 earnings call on Jan. 27 at 3:30 p.m. Central time. CEO Haviv Ilan and CFO Rafael Lizardi are set to answer questions during the session, the company announced. (Texas Instruments)
Investors are zeroing in on that call for the real triggers: shifts in industrial and automotive order trends, updates on customer inventories, plus insights on factory utilization and margins. Capital spending and buybacks are also under close scrutiny, particularly with tariffs making a comeback in the news.
The backdrop remains murky. In October, Ilan described industrial customers as being in “wait-and-see mode” when it comes to investing, cautioning that “the rules are still not finalized” regarding tariff rates. Those comments have shaped discussions about the timeline for an analog sector recovery. (Reuters)
Texas Instruments dipped 1.04% Tuesday, ending the session at $189.59. The stock remains roughly 14% shy of its 52-week peak of $221.69, MarketWatch data shows. (MarketWatch)
The rebound, however, could falter fast. Should tariff threats ramp up again, risk appetite might retreat from cyclicals, while a cautious outlook from Texas Instruments could drag the stock back down near last week’s lows.
Coming next: Texas Instruments reports earnings after the bell on Jan. 27. Traders are also eyeing any policy hints before tariffs kick in on Feb. 1.
