Texas Instruments flags slowdown after tariff-driven spike; no CHIPS Act risk

(Reuters) -US Chipmaker Texas Instruments, on Thursday, said that customers were cooled after an increase in April while sending their shares more than 4%by ordering President Donald Trump’s “Liberation Day” tariffs.

Speaking at the Global TMT Conference, TI Finance Chief Rafael Lizardi said that the power of January-April is partly caused by market dynamics from the tariff-based market dynamics and some customers ordered Early to prevent Trump’s April 2 tariff announcement.

“But then after April, things slowed down or at least did not grow as they normally had.”

Lizardi, TI’s incentives for the incentives of the Nongies Law, the US Government Stock Stock share is not approaching or not discussed, he added.

Recently, the US government’s 9.9% stock in Intel has made wider questions about corporate America after saying that Trump is planning to make similar agreements.

None of these lines have been discussed or proposed. None of them has been approached, Liz Lizardi said only small, favorable changes, signed under the previous administration and added that the Trump has been “re -processed” with the Trump administration in the last six months.

“There were small things they wanted to change, but there was nothing through what you’ve heard from companies like Intel,” he said.

The US Trade Department provided funds up to $ 1.6 billion for TI in accordance with the US chips and science law.

Lizardi also said that the free cash flow is under pressure by high capital expenditure in recent years. The reputation continued, but at a slower speed due to Capex’s priority.

In July, TI’s three -month profit estimation did not affect investors because some customers pointed to weaker demand than expected for analog chips.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Vijay Kishore)