Texas Instruments (NasdaqGS:TXN) Expands Automotive Safety Portfolio With New Lidar And Radar Chips
Texas Instruments (NasdaqGS:TXN) introduced a new suite of automotive components, enhancing vehicle safety and boosting automation capabilities. Despite these promising product launches, TI shares saw a 2% decline last week, contrasting the broader market's upward trend. While the new products could bolster the company's position in the automotive tech sector, external pressures, such as ongoing U.S.-China tariff tensions and mixed performance from tech giants, may have overshadowed these...