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Texas Instruments (TI) reported revenues of $4.07 billion for the first quarter, marking an 11% year-over-year increase, alongside a net profit of $1.18 billion. The company emphasized that it has the flexibility to leverage Chinese factories to mitigate the uncertainties posed by US tariff policies, should the need arise. Furthermore, TI reiterated its strong commitment to the Chinese market. CEO Ilan cautioned that tariff policies could potentially disrupt the industry as customers might engage in chip hoarding out of tariff-related concerns. In response, the China Semiconductor Industry Association suggested identifying the origin of integrated circuits based on the location of tape-outs, a measure that could influence semiconductor companies with significant US production capabilities.
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