Texas Instruments stock price holds near a 52-week high as chip shares wobble — what traders watch next
Texas Instruments (TXN) shares rose by 0.6% to $226.33, near its 52-week high, despite a general downturn in the semiconductor sector. The company surpassed analyst expectations for its March-quarter revenue and profit per share, driven by strong demand for chips in AI data centers. Investors are now anticipating a February 24th webcast on capital management and demand indicators for the March quarter, which will be crucial for the stock's future trajectory.
https://ts2.tech/en/texas-instruments-stock-price-holds-near-a-52-week-high-as-chip-shares-wobble-what-traders-watch-next/