Texas Instruments stock nears end of strong week as chip rally slows
Texas Instruments closed Friday at $302.73, down 1.77% but up 5.2% for the week, outperforming a broader chip-stock selloff. Stifel raised its price target to $340, citing industrial and data-center strength. TI reported first-quarter revenue of $4.83 billion and guided Q2 revenue to $5.00–$5.40 billion. The iShares Semiconductor ETF fell 3.92% Friday.