Investors rotate out of AI chipmakers while software stocks show greater resilience during earnings season.
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Texas Instruments beat Wall Street's targets for the second quarter and guided higher than views for the current period. But TXN stock fell in extended trading.
July 20 (Reuters) - U.S. stock index futures rose slightly on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-
Broadcom’s AI bookings remain the key proof point, with investors watching whether custom chip demand can convert quickly enough to support its fiscal 2027 AI revenue target.