(Reuters) -Shares of Texas Instruments sank more than 8% on Wednesday in premarket trading, after the chipmaker's downbeat fourth-quarter profit and revenue outlook deepened worries over a drawn-out recovery in the analog chip market as tariff uncertainty plagues the wider industry.
While TI has reduced some of its business exposure to the Trump administration's tariffs through trade deals, uncertainty over additional levies and trade negotiations has weighed on investor sentiment and delayed the pace of recovery.
