China Alleges Over 300% Dumping Margins in Analog Chip Probe Against Texas Instruments

Beijing, China – China's Ministry of Commerce initiated an anti-dumping investigation in September 2025 targeting U.S.-made analog chips, including those from Texas Instruments, alleging dumping margins exceeding 300%. The probe has sent ripples through the global semiconductor industry, prompting reactions from market observers such as Garrett Scott, a Vice President and Semiconductor Capital Equipment Analyst at Robert W. Baird & Co., who noted on social media, "Wake up babe, another Ti banger just dropped!"

The investigation focuses on U.S.-made analog chips built on 40nm or larger processes, specifically general interface and gate driver chips. According to reports cited by Yicai, imports of these U.S. analog chips into China surged by 37.13% between 2022 and 2024, while prices reportedly plunged by 52%, significantly undercutting local products. The alleged dumping margins were reported as 302.41% for general interface chips and 458.51% for gate driver chips.

Texas Instruments, a global semiconductor leader, has a substantial presence in industrial, automotive, and personal electronics markets, with recent innovations including new industrial communication solutions like the AM261 microcontroller, unveiled at Electronica 2024. The company also introduced an opto-emulator portfolio in late 2023, designed to improve signal integrity in high-voltage applications. These product lines contribute significantly to TI's market share, particularly in China, which has historically been a key market.

The aggressive pricing strategy from U.S. firms has reportedly impacted Chinese chipmakers' profitability, with average gross margins on local analog chips falling by 33.41% in 2024. This probe escalates existing U.S.-China trade tensions, following Washington's recent actions adding Chinese entities to its restricted trade list. Texas Instruments' 2024 financial report indicated an 11% revenue decrease to $15.641 billion, alongside a 25% drop in net income, reflecting a challenging macroeconomic environment.

The outcome of this anti-dumping investigation could have significant implications for Texas Instruments' operations and sales within China, potentially reshaping the competitive landscape for analog semiconductors. The probe highlights the increasing scrutiny and protectionist measures in the global technology sector, adding another layer of complexity to the semiconductor supply chain and international trade relations.