Texas Instruments beat second-quarter earnings expectations but issued a cautious outlook, according to Benzinga. The company reported second-quarter revenue of $4.44 billion and adjusted EPS of $1.41, topping Wall Street estimates. Shares fell 11.87% in after-hours trading after the company issued a cautious third-quarter forecast and warned of continued disruption from tariffs and geopolitical instability. CEO Haviv Ilan cited a shallow recovery in the auto segment and noted that supply chains remain volatile despite a pause in semiconductor tariffs. Automotive revenue fell sequentially and remains constrained by consignment-driven inventory practices. Industrial revenue surged, helped by a 32% year-over-year spike in China. Management cautioned that some of the growth could reflect short-term tariff-related pull-ins. TI guided revenue between $4.45 billion and $4.8 billion for the third quarter.
