After several years of market underperformance, Texas Instruments stock might be finally heating up again.It's no secret that over the last three years, top semiconductor manufacturer Texas Instruments (TXN 0.69%) has underperformed both the S&P 500 and the semiconductor industry (as measured by the iShares Semiconductor ETF) by a wide margin. So far in 2024, Texas Instruments (TI) stock has been heating back up, rallying nearly 20% since April. The latest earnings report provided limited reasons for optimi ...

Texas Instruments (TXN) closed the latest trading day at $194.90, indicating a +0.52% change from the previous session's end. This change lagged the S&P 500's 0.77% gain on the day. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%.Heading into today, shares of the chipmaker had lost 0.57% over the past month, outpacing the Computer and Technology sector's loss of 3.05% and lagging the S&P 500's gain of 3.71% in that time.The investment community wil ...

Texas Instruments’ (TXN) shares have rallied 17.6% in the year-to-date period, outperforming the industry’s growth of 7%. The company is benefiting from a strong product portfolio, which is driving its momentum across various end markets.Texas Instruments’ recent launch of the DRV7308 gallium nitride (GaN) intelligent power module (IPM) in order to strengthen its portfolio further, remains noteworthy.The GaN IPM which is designed to aid the development of motor drive systems efficiently, offers over 99% inv ...

In the latest market close, Texas Instruments (TXN) reached $197.44, with a -0.09% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.27%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.88%.Shares of the chipmaker witnessed a gain of 5.22% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.82% and the S&P 500's gain of 2.85%.The investment community will be p ...

DALLAS, June 11, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today introduced the industry's first 650V three-phase GaN IPM for 250W motor drive applications. The new GaN IPM addresses many of the design and performance compromises engineers typically face when designing major home appliances and heating, ventilation and air-conditioning (HVAC) systems. The DRV7308 GaN IPM enables more than 99% inverter efficiency, optimized acoustic performance, reduced solution size and lower system costs. I ...

Texas Instruments Incorporated (NASDAQ:TXN) BofA Securities 2024 Global Technology Conference June 5, 2024 6:20 PM ET Company Participants Rafael Lizardi - CFO & SVP, Finance & Operations Mike Beckman - IR Conference Call Participants Vivek Arya - Bank of America Vivek Arya Delighted and honored to have the team from Texas Instruments join us. Rafael Lizardi, the Chief Financial Officer; and Mike Beckman from the Investor Relations team. Very delighted that… Rafael Lizardi Good to be here. Thank you very mu ...

Texas Instruments (TXN) ended the recent trading session at $196.08, demonstrating a +1.44% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.19% for the day. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 1.96%.Shares of the chipmaker have appreciated by 5.82% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.37% and the S&P 500's gain of 3.35%.Market participants will be close ...

Texas Instruments Incorporated (NASDAQ:TXN) Conference Call Summary Company Overview - **Company**: Texas Instruments Incorporated (TI) - **Industry**: Semiconductor - **Event**: Bernstein's 40th Annual Strategic Decisions Conference Call - **Date**: May 30, 2024 Key Points and Arguments Capacity and Capital Expenditure (CapEx) Plans - TI plans to invest **$5 billion in CapEx per year from 2022 to 2026**, increased from **$3.5 billion**. This investment aims to support **7% to 10% revenue growth** post-2026 [5][6] - The company is currently reviewing its plans in light of recent activist involvement from Elliott Management [3][4] Market Opportunities - TI identifies **secular growth in industrial and automotive sectors** as accelerating, despite current inventory corrections [8][12] - The company has achieved **75% of its revenue in 2023** from industrial and automotive markets, indicating a strong market position [11] Revenue Growth and Capacity Utilization - TI has grown its industrial and automotive revenue at a **10% CAGR from 2013 to 2023** and anticipates further acceleration [13] - The **Lehi fab** is expected to support **$4 billion in revenue** at full capacity, ramping to production by 2025 [17] - **RFAB2** is projected to support **$6 billion in revenue** when fully operational [21] Strategic Investments - TI is modernizing its **150mm wafer fab** in Sherman, Texas, to enhance production efficiency and reduce costs [22][24] - The company is also investing in **new fabs** (LFAB2 and Sherman) to support advanced technology and higher revenue potential [26][32] Market Share and Competitive Landscape - TI acknowledges losing market share in China due to capacity constraints but is optimistic about regaining it as production ramps up [46][70] - The company competes effectively in China, with **80% of its revenue** in the region coming from industrial and automotive sectors [70] Pricing and Inventory Strategy - TI has maintained a customer-friendly pricing strategy, avoiding significant price hikes compared to competitors, which may have affected its revenue peak in 2022 [47][48] - The company is building inventory strategically to prepare for future demand surges, reflecting lessons learned from past cycles [51][53] Future Outlook - TI expects a **good year in 2024**, with signs of recovery in various markets, particularly automotive, which has shown resilience [58][59] - The company anticipates that the **industrial sector** will be the last to recover, with a timeline extending into late 2024 for full recovery [60] Emerging Technologies and Growth Markets - TI sees significant opportunities in **electric vehicles (EVs)**, with potential content per vehicle exceeding **$1,000** as the market evolves [78][81] - The company is also exploring opportunities in **AI**, particularly in cloud and server applications, which require advanced power management solutions [82] Additional Important Insights - TI's **distribution revenue mix** is approximately **25%**, with ongoing investments in e-commerce to enhance customer engagement [63] - The **CHIPS Act** has positively influenced TI's investment strategy, allowing for increased capacity investments [74][75] This summary encapsulates the critical insights from the Texas Instruments conference call, highlighting the company's strategic direction, market positioning, and future growth opportunities.

Texas Instruments CEO Haviv Ilan signaled on Thursday that the semiconductor giant would be open to a "constructive dialogue" with activist investor Elliott, and pointed to fresh financial metrics that aligned with the hedge fund's proposals from earlier this week."We definitely look forward to engaging in a constructive dialogue with Elliott," Ilan said at AllianceBernstein's Strategic Decisions conference, marking his first public remarks since the activist revealed a $2.5 billion position in the company. ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Activist investor Elliott Management has taken a $2.5 billion stake in Dallas-based semiconductor giant Texas Instruments, blaming the company for lagging stock market returns and overspending. In the letter to TI's board, Elliott said the company is spending too much on massive capital projec ...