Key TakeawaysActivist investor Elliott Investment Management called on Texas Instruments to take steps to boost its free cash flow.Elliott said it has a $2.5 billion stake in the chipmaker, and wants it to increase free cash flow to at least $9.00 per share in 2026.Elliott argued TI has underperformed because of an increase in capital expenditures announced in 2022. Texas Instruments (TXN) shares edged higher Tuesday after activist investor Elliott Investment Management announced it had a $2.5 billion stake ...

Texas Instruments (NASDAQ:TXN) stock is in the news Tuesday after Paul Singer’s Elliott Management made a massive investment in the semiconductor and electronics company.Elliott Management has notified Texas Instruments of its $2.5 billion stake in the company. It did so while sending a note to the TXN Board of Directors outlining its hopes for the business.Elliott Management highlighted several issues with Texas Instruments in its note. That includes shareholder returns lagging behind peers. The investor w ...

Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments and is urging the company to improve its free cash flow by adapting a less rigid plan for capital expenditures.In a 13 page letter viewed by CNBC, Elliott proposes that Texas Instruments introduce what it calls a "dynamic capacity-management strategy" that would allow the company to achieve free cash flow of as much as $9 a share by 2026, which is roughly 40% above current con ...

A month has gone by since the last earnings report for Texas Instruments (TXN) . Shares have added about 15.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Texas Instruments due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Texas Instruments Q1 Earnings Beat, Rev ...

DALLAS, May 15, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will speak at the Bank of America 2024 Global Technology Conference in San Francisco on Wednesday, June 5, at 3:20 p.m. Pacific time. Lizardi will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position ...

DALLAS, May 9, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the Bernstein 40th Annual Strategic Decisions Conference in New York City on Thursday, May 30, at 10 a.m. Eastern time. Ilan will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for gro ...

会议纪 要 证 券研究 报 告 电子 2024年 05月09日 德州仪器（TXN）FY2024Q1业绩点评及法说会纪要 会议时间：2024年4月23日 Q2 指引乐观，工业市场去库顺利 会议地点：线上   事项： 华创证券研究所 2024年4月23日德州仪器发布2024年Q1季度报告，并召开业绩说明会。 证券分析师：耿琛 2024Q1，公司实现营收36.61亿美元，同比降低16.40%，环比降低10.20%；毛 利率为57.2%，同比降低8.1pct，环比降低2.4pct。 电话：0755-82755859 邮箱：gengchen@hcyjs.com  评论： 执业编号：S0360517100004 1. 业绩总览：2024Q1实现营收36.61亿美元（QoQ-10.20%，YoY-16.40%），高 证券分析师：岳阳 于指引中值（指引34.50-37.50亿美元）；Q1毛利率为57.2%（QoQ-2.4pcts， 邮箱：yueyang@hcyjs.com YoY-8.1pcts），同比下滑主要系：1）营收下滑；2）产能利用率降低；3）与 执业编号：S0360521120002 计划扩产相关的生产成本上 ...

Did you analyze how Texas Instruments (TXN) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this chipmaker, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For in ...

Texas Instruments, Inc. (NASDAQ:TXN) Shareholder Analyst Call Summary Company Overview - **Company**: Texas Instruments, Inc. (TI) - **Date of Call**: April 25, 2024 - **Participants**: Richard Templeton (Chairman), Cynthia Trochu (Senior VP), Richard Kent (CIO of Friends Fiduciary Corporation) Key Points from the Call Meeting Structure and Proposals - The meeting was called to order with approximately 90% of outstanding common stock represented, constituting a quorum [3] - Four company proposals were voted on, including: 1. Election of Director nominees 2. Approval of the Texas Instruments 2024 long-term incentive plan 3. Advisory vote on named Executive Officer compensation 4. Ratification of Ernst & Young as the independent registered public accounting firm for 2024 [5][22] Stockholder Proposals - **Proposal 5**: A special shareholder meeting improvement proposal sponsored by John Chevedden, aimed at allowing shareholders with 15% of outstanding common stock to call a special meeting. This proposal received 47% support in 2022 [9][10] - **Proposal by Friends Fiduciary Corporation**: A request for an independent third-party report on TI's due diligence process regarding potential misuse of products in conflict zones, particularly in relation to the ongoing war in Ukraine. TI's products were found in 27 Russian weapon systems, raising concerns about human rights and financial risks [12][13][14][15] Voting Results - Preliminary results indicated that all company proposals passed, while the stockholder proposals did not pass. Final results will be reported in an 8-K filing with the SEC [22] Shareholder Concerns - A shareholder expressed concerns about executive compensation, highlighting disparities between executive pay and employee wages. The CEO's reported compensation was noted to be significantly higher than the average employee salary [18][19][20] Conclusion - The meeting concluded with the announcement of preliminary voting results and an assurance that final results would be communicated in due course [21][22] Additional Important Information - The meeting emphasized the importance of shareholder engagement and the need for updated bylaws to facilitate special meetings [10] - The discussion around the misuse of TI products in conflict zones reflects growing investor concern regarding ethical practices and compliance with international laws [14][15]

Texas Instruments, Inc. (NASDAQ:TXN) Shareholder Analyst Call April 25, 2024 9:30 AM ET Company Participants Richard Templeton - Chairman of the Board Cynthia Trochu - Senior Vice President and Secretary Richard Kent - Chief Investment Officer of Friends Fiduciary Corporation Conference Call Participants Cynthia Trochu Good morning, everyone. If we can have your attention, I'll turn it over to our Chairman, Richard Templeton. Richard Templeton Good morning. The 2024 Annual Meeting of Stockholders of Texas I ...