Texas Instruments stock slips despite chip rally as Barclays, Wells Fargo and Citi reset targets
New York, Jan 15, 2026, 12:53 (EST) — Regular session Texas Instruments (TXN) shares dropped 0.8% to $191.87 by midday Thursday, while the VanEck Semiconductor ETF climbed over 3%. The divergence is significant as Wall Street recalibrates its outlook for chip sector performance in 2026. Texas Instruments, linked more to steady demand in everyday electronics than to flashy AI hardware, occupies a different niche. Several new research notes landed on Thursday, signaling a potentially volatile stretch ahead of earnings. Texas Instruments produces analog and embedded processing chips—components that control power, sense and relay data, and manage core functions—with key customers