24H | Chip Stocks Fall With TXN down 12%; Microchip down 6%; SOXL down 4%. Nuclear Stocks Shine With NRG, CEG up over 5%

TigerJul 23, 2025 1:49 AM

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Chip stocks fell in overnight trading with Texas Instruments down 11.8%; Microchip, ON Semi down over 6%; SOXL down 4%.

Texas Instruments quarterly profit forecast failed to impress investors as it pointed to weaker-than-expected demand for its analog chips from some customers and underscored tariff-related uncertainty.

Chipmakers such as Texas Instruments do not directly face U.S. President Donald Trump's elevated tariffs yet, but the cost of chip-making tools has risen, and some of their end customers have pared back spending.

Nuclear stocks jump with NRG Energy, Constellation Energy up more than 5%; Vistra Energy up 4%.

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