Texas Instruments (TXN) stock dropped 12% after the company issued third-quarter guidance that fell short of Wall Street’s earnings expectations, raising concerns over the impact of ongoing tariffs and geopolitical uncertainty.

Texas Instruments Inc., a key chipmaker for producers of cars and factory equipment, tumbled in late trading after stoking fears that a tariff-fueled surge in demand will be short-lived.Though the company issued a third-quarter forecast that beat most estimates,

Despite outperforming analyst expectations in Q2 2025, TI's own forecasts did not match analysts, which led to a stock crash.