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Analog semiconductor stocks fall as Texas Instruments and rivals miss

Both Texas Instruments and STMicroelectronics struggled to meet heightened expectations despite strong second-quarter demand.

Reported · Written up by our desk · Fund Industry

Shares of Texas Instruments fell, while STMicroelectronics dropped more sharply on Thursday, as both analog semiconductor makers faced difficulty meeting heightened expectations after reporting strong demand in the second quarter, according to MarketWatch.

The selloff reflected investor reaction to results that came despite reports of strong demand, with the stocks moving differently based on how each company’s performance matched expectations.

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Sources

MarketWatchTexas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog semiconductors.
MarketWatchTexas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog semiconductors.

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