Texas Instruments Incorporated is trading 5.1% down at $289.74 following a sharp pullback in semiconductor and technology shares triggered by hotter-than-expected U.S. jobs data.
- The stock is falling alongside a broader risk-off move, with the Nasdaq and the chip sector under significant pressure as investors price in a more hawkish Federal Reserve path.
- Market participants continue to rotate out of high-growth, AI-, and chip-related names amid the shifting macroeconomic outlook.