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Amid sluggish chip demand and escalating manufacturing costs, Texas Instruments has revised its earnings forecast downward, triggering a decline in its share price. For nine consecutive quarters, weak demand in the industrial and automotive sectors has contributed to a drop in sales. Despite surpassing expectations in the fourth quarter, the company continues to grapple with underutilized capacity and increasing costs. To enhance its competitive edge, Texas Instruments is expanding and upgrading its facilities in the United States. Furthermore, the company asserts that it remains unaffected by allegations concerning the dumping of low-end chips in China, stating, "We have not received any notice of investigation, and business continues as usual."
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