NASDAQ:TXN

Texas Instruments jumps after AI power chip push
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Texas Instruments jumps after AI power chip push

Texas Instruments shares rose 5.7% to $315.34 by early afternoon Friday after Seaport Global upgraded the stock to Buy with a $400 target. The move followed strong first-quarter results and optimism over demand for TI’s power-management chips in AI data centers. The Philadelphia semiconductor index gained 2.4%. TI shares are up more than 80% since January.
May 22, 2026

Stock Market Today

  • BP Chairman Removal Highlights Governance Concerns and Valuation Discount
    May 30, 2026, 6:44 AM EDT. BP (LSE:BP) ousted its chairman Albert Manifold amid allegations of bullying and internal disputes, elevating governance risks for investors. The stock trades at £5.218, about 17% below the £6.30 analyst target and nearly 50% below estimated fair value, despite a 53% gain in the past year. The controversy has spurred potential legal action and underscores scrutiny of BP's board oversight and culture. The share price fell 9.4% over the past month amid the uncertainty. Market watchers will monitor how the governance review and earnings expectations shape BP's strategic direction and investor confidence in the weeks ahead.