Semiconductor giant Texas Instruments Inc (NASDAQ:TXN) ranked among Thursday's top trending securities, though for less-than-desirable reasons. Due to concerns potentially tied to President Donald Trump's tariffs, investors quickly rushed for the exits, sending TXN stock down about 4% in late-afternoon trading. Still, the volatility presents a possible opening for bullish speculators as TXN has reliably bounced back from prior stains of red ink.
According to Reuters, Texas Instruments' finance chief Rafael Lizardi remarked during a Citi Global TMT Conference that robust demand from January to April stemmed partly from tariff-induced market dynamics. Essentially, some customers ordered early to jump ahead of Trump's Liberation Day trade policy.
