Overview

• TI reported second-quarter earnings of $1.41 per share and $4.45 billion in revenue, topping analyst estimates of $1.35 and $4.36 billion respectively.
• Third-quarter EPS guidance of $1.36 to $1.60 yielded a midpoint below the $1.49 estimate and sent shares down nearly 12%.
• CEO Haviv Ilan said tariffs are reshaping global supply chains and described the auto market recovery as shallow with no inventory replenishment.
• The industrial segment saw stronger growth, with revenues up 32% year-over-year in China partly due to pull-in orders ahead of tariff concerns.
• Capital expenditures rose 22% year-over-year to $1.31 billion in the June quarter as TI accelerates a more than $60 billion U.S. manufacturing expansion.