Texas Instruments' stock falls on weak forecast

Financial Performance - Texas Instruments reported a 16% increase in revenue for the second quarter, reaching $4.45 billion compared to $3.82 billion in the same period last year [2] - Net income rose 15% to $1.3 billion, or $1.41 per share, up from $1.13 billion, or $1.22 per share, a year ago [2] - The company's analog chip business, its largest segment, saw sales increase by 18% to $3.5 billion, exceeding the StreetAccount estimate of $3.39 billion [2] Market Expectations - The company expects earnings for the current quarter to be between $1.36 and $1.60 per share, while analysts had estimated $1.50 per share [1] - Texas Instruments forecasted revenue for the current quarter to be between $4.45 billion and $4.8 billion, with a midpoint of $4.625 billion, slightly below the analyst expectation of $4.59 billion [1] Stock Performance and Strategic Moves - As of Tuesday's close, Texas Instruments shares were up 15% for the year, driven by broader market optimism for the semiconductor industry [3] - The company announced plans to invest $60 billion to expand chipmaking factories in Texas and Utah, a move that received positive feedback from the Trump administration [3]