Texas Instruments flags demand slowdown after tariff-driven spike
Donald Trump
U.S. chipmaker Texas Instruments said demand has cooled after a spike in April that was driven by customers rushing to place orders to get ahead of the "Liberation Day" tariff announcement. Shares of the company fell nearly 4 per cent on Thursday. Speaking at the Citi Global TMT Conference, TI finance chief Rafael Lizardi said January-to-April strength was partly due to tariff-induced market dynamics ahead of President Donald Trump's April 2 tariff announcement. "But then things did slow down
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