Texas Instruments Jumps 8% on Strong Q1 Outlook, Micron Rises 5% on Singapore Fab Plan
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Texas Instruments (TXN) surges over 8% in after-hours trading on January 28 after issuing better-than-expected Q1 EPS guidance of $1.22-$1.48, signaling rebounding analog chip demand. Micron (MU) gains over 5% as it announces plans to build a new Singapore fab for NAND flash production, with timing seen as optimal by investors. Meanwhile, Tesla's (TSLA) brand value fell $15.4 billion in 2025 amid Musk's political activities, marking its third consecutive annual decline. Markets expect only two more Fed rate cuts this year despite political pressure, while prediction markets show BlackRock's Rick Rieder as 48% favorite to become next Fed chair.
EditorLim