NEW YORK, Jan 12, 2026, 20:51 EST — Market closed.
- Texas Instruments slipped roughly 0.7% on Monday, underperforming the otherwise steady market.
- Tuesday’s U.S. inflation figures and changing rate forecasts have investors on alert.
- Attention is shifting to TI’s late-January earnings and its outlook on industrial demand.
Shares of Texas Instruments (TXN) slipped roughly 0.7%, ending Monday at $189.07, following a volatile start to the year for chip stocks as Tuesday’s session approached.
The dip occurred while the S&P 500 and Dow hit record highs, as investors turned their focus to Tuesday’s U.S. consumer price index report and the kickoff of earnings season. “The market is taking it in stride for now,” said Peter Cardillo, chief market economist at Spartan Capital Securities, commenting on the Justice Department’s criminal probe into Federal Reserve Chair Jerome Powell. Reuters
Texas Instruments is eyeing its quarterly report later this month, seen as a key indicator for analog chips—the components that control power and signals in vehicles and industrial gear. Back in October, CEO Haviv Ilan described the recovery as “at a very moderate pace.” Stifel managing director Tore Svanberg also flagged mixed demand signals, complicated by ongoing tariff uncertainties. Reuters
Semiconductor stocks showed mixed moves on Monday. Qualcomm dropped 4.79%, NXP Semiconductors was down 1.17%, and Analog Devices fell 2.35%. Texas Instruments posted a smaller decline in comparison.
Target prices are hovering near current levels. According to MarketWatch data, the average target for Texas Instruments stands at $190.40, based on 39 analyst ratings as of Monday.
Interest rates remain central to the narrative. On Monday, New York Fed President John Williams stated there’s no immediate need to lower rates. He described monetary policy as “well positioned” and forecasted inflation hitting 2% by 2027. Reuters
A stronger inflation report might drive Treasury yields up, weighing on chip stocks reliant on profits further down the line. If the data comes in softer, the trade can reverse fast—but it seldom ends the debate.
When TI reports, investors will zero in on the outlook rather than the headline revenue. They’ll focus on order trends in industrial and automotive, factory utilization, and whether margins are beginning to stabilize. Signs that customer inventories are returning to normal will carry more weight than a slight beat or miss on numbers.
The downside is clear. Should TI signal another pullback in industrial spending and tariffs continue to cast uncertainty, investors might view the stock as a slow mover, even if the wider chip sector gains momentum.
Texas Instruments is set to release its fourth-quarter and full-year earnings after the market closes on Tuesday, Jan. 27. The company will follow up with a 3:30 p.m. Central conference call featuring CEO Haviv Ilan and CFO Rafael Lizardi.
