Texas Instruments Stock Drops After AI Gains—What’s Next for Traders
Texas Instruments shares fell 3.25% Friday to $305.68, capping a volatile week that saw the stock hit a 52-week high of $331.51 on Wednesday before sliding nearly 8%. Trading volume topped 16.79 million shares, more than double earlier in the week. The S&P 500 and Nasdaq both edged higher. Analysts cited rising demand for AI data-center power chips and raised price targets.