Texas Capital Bancshares Inc

Texas Instruments shares fell 1.13% as the company plans to cut 2026 capital spending to $2-3 billion and fund its Silicon Labs acquisition with cash and debt. Key executives sold shares after exercising options.

Coherent stock rallied nearly 9% Friday following a $14.1 million state grant for its indium phosphide wafer project and price target increases from JPMorgan and Stifel.

Texas Instruments stock declined 1.15% on Friday, contrasting with a sector-wide surge. The company filed bylaw changes and disclosed insider share sales following option exercises.

Texas Instruments shares declined 1.13% on Friday, underperforming a broader semiconductor surge. The company's annual report outlined 2025 revenue of $17.68 billion and reduced 2026 capital expenditure plans.