DALLAS, March 13, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today announced that it will demonstrate new embedded processing and connectivity products for enabling a safer, smarter and more sustainable future at embedded world, April 9 through 11 in Nuremberg, Germany. TI's exhibit in hall 3A, booth 131 will showcase the latest advancements in application areas such as robotics, energy transition and electric vehicles.To learn more, see ti.com/ew. Texas Instruments will show embedded proc ...

Texas Instruments Incorporated (NASDAQ:TXN) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 12:30 PM ET Company Participants Haviv Ilan - CEO Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore All right. Thank you, everybody. I'm Joe Moore from Morgan Stanley Semiconductor Research. Very happy to have with us today as CEO of Texas Instruments, Haviv Ilan, for the first time actually, I think at our conference, if I'm not mistaken. So, I really appreciate you coming. ...

Texas Instruments Incorporated Conference Call Summary Company Overview - **Company**: Texas Instruments Incorporated (NASDAQ: TXN) - **Event**: Morgan Stanley Technology, Media & Telecom Conference - **Date**: March 6, 2024 Key Points Company Strategy and Financial Goals - The company aims to maximize growth of free cash flow per share through strengthening competitive advantages and capital allocation [3][4] - Texas Instruments is in a significant execution phase of a plan laid out a couple of years ago, focusing on efficiency and capital investments [3] Capital Expenditure and U.S. Expansion - Texas Instruments plans to increase capital expenditures to expand its footprint in the U.S., reducing dependence on Taiwanese foundries [4][5] - The company sees a secular growth opportunity in semiconductors, particularly in industrial and automotive sectors, which accounted for nearly 75% of revenue in 2023, growing at a 10% CAGR from 2013 to 2023 [5][6] Dependable Capacity and Geopolitical Considerations - The company is investing in U.S. manufacturing to provide dependable capacity amid rising geopolitical tensions, particularly between the U.S. and China [8][9] - More than 90% of Texas Instruments' wafers and assembly will come from internal fabs, enhancing control and cost efficiency [9] Customer Engagement and Market Dynamics - The company is actively engaging with customers at the CEO level to emphasize the importance of dependable capacity, leading to strategic commitments from clients [12][13] - Texas Instruments is optimistic about the automotive market, despite current slowdowns, as the underlying demand for electric vehicles (EVs) and advanced driver-assistance systems (ADAS) remains strong [29][32] Investment in Technology and Manufacturing - The company is focused on building internal capacity rather than relying on foundries, as new capacity is expected to be more valuable and cost-effective [15][16] - Texas Instruments is modernizing its manufacturing processes, including automation and robotics, to increase output and efficiency [30][41] CHIPS Act Influence - The CHIPS Act has positively influenced Texas Instruments' investment decisions, providing tax credits and grants that support capacity expansion in the U.S. [22][24] Market Conditions and Inventory Management - The company is experiencing a correction phase, with a focus on managing inventory levels effectively to prepare for future demand [25][26] - Texas Instruments is committed to maintaining investment levels through market cycles to ensure long-term growth [18][19] Competitive Landscape - The company acknowledges competition from Chinese semiconductor firms but believes its broader portfolio and channel advantages will allow it to compete effectively [50][51] Pricing Strategy - Texas Instruments anticipates a return to low single-digit price declines as the market stabilizes, while maintaining a competitive pricing strategy based on socket demand [46][48] Additional Insights - The company has a long-term view on the automotive market, expecting growth driven by increased content in vehicles, regardless of the transition to EVs [32][36] - Texas Instruments is diversifying its product offerings to include both application-specific and catalog products, addressing a wide range of sockets in the automotive sector [35][37] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Texas Instruments' focus on growth, investment, and competitive positioning in the semiconductor industry.

Texas Instruments (TXN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this chipmaker have returned +8.5% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Semiconductor - General industry, to which Texas Instruments belongs, has gained 25% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

Texas Instruments (TXN) closed at $163.07 in the latest trading session, marking a -1.13% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.17% for the day. Meanwhile, the Dow experienced a drop of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.55%.Heading into today, shares of the chipmaker had gained 1.78% over the past month, lagging the Computer and Technology sector's gain of 2.65% and the S&P 500's gain of 3.98% in that time.The investment commu ...

Stock Performance and Industry Comparison - Texas Instruments' stock has returned -6.7% over the past month, underperforming the Zacks S&P 500 composite's +3% change [1] - The Zacks Semiconductor - General industry, which Texas Instruments belongs to, has gained 11.9% during the same period [1] Earnings Estimate Revisions - Texas Instruments is expected to post earnings of $1.09 per share for the current quarter, representing a year-over-year change of -41.1% [2] - The Zacks Consensus Estimate for the current quarter has changed -25% over the last 30 days [2] - The consensus earnings estimate for the current fiscal year is $5.27, indicating a year-over-year change of -25.5%, with a -19.4% revision over the last 30 days [3] - For the next fiscal year, the consensus earnings estimate is $6.30, indicating a +19.5% change from the previous year, with a -17.5% revision over the past month [3] - Texas Instruments is rated Zacks Rank 4 (Sell) due to the recent change in consensus estimate and other factors related to earnings estimates [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $3.61 billion, indicating a year-over-year change of -17.7% [5] - For the current fiscal year, the revenue estimate is $15.91 billion, indicating a -9.2% change [5] - For the next fiscal year, the revenue estimate is $17.71 billion, indicating a +11.3% change [5] Last Reported Results and Surprise History - Texas Instruments reported revenues of $4.08 billion in the last reported quarter, representing a year-over-year change of -12.7% [6] - EPS for the same period was $1.49, compared to $2.13 a year ago [6] - The reported revenues represent a surprise of -0.89% compared to the Zacks Consensus Estimate of $4.11 billion [6] - The EPS surprise was +2.05% [6] - Over the last four quarters, Texas Instruments surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [7] Valuation - Texas Instruments is graded F on the Zacks Value Style Score, indicating that it is trading at a premium to its peers [9] - The Zacks Value Style Score uses traditional and unconventional valuation metrics to grade stocks from A to F [9]

DALLAS, Feb. 20, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced that Reginald DesRoches, president of Rice University, has been elected to TI's board of directors, effective March 1. "We're pleased to welcome Reggie to our board," said Rich Templeton, TI's chairman of the board. "With his decades of experience in academia and background in engineering, Reggie understands the impact that technology can have in our lives and the world. We're confident he'll be a valuabl ...

News highlights: 100V GaN power stages with thermally enhanced package technology reduce solution size by over 40% and increase power efficiency with 50% lower switching losses. The industry's smallest 1.5W isolated DC/DC modules deliver over eight times higher power density for automotive and industrial applications. DALLAS, Feb. 20, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today introduced two new power conversion device portfolios to help engineers achieve more power in smaller spaces, p ...

DALLAS, Feb. 14, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Wednesday, March 6, at 9:30 a.m. Pacific 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 ...

Sundry Photography Written by Nick Ackerman. Texas Instruments Incorporated (NASDAQ:TXN) doesn't make the exciting and flashy chips that power artificial intelligence, or AI. They are not catching any of those headlines that we've been consistently seeing from the other side of the chip world, namely Nvidia (NVDA). Instead, they make the boring chips that are used in everyday equipment all around us. This tends to make them more sensitive to the overall economy and the outlook of where we could be headi ...