Texas Instruments Incorporated (NASDAQ:TXN) Citi 2024 Global TMT Conference September 5, 2024 9:10 AM ET Company Participants Haviv Ilan – President and Chief Executive Officer Conference Call Participants Chris Danely – Citigroup Inc. Chris Danely All right. Great. Thanks, everyone. I am still Chris Danely, still the semi analyst here at Citi. It seems like I've been saying that every, every five minutes or 27 times a day. Hopefully, I can keep my voice for a few more hours. Next up is a stock that we rece ...

Texas Instruments Incorporated (NASDAQ:TXN) Citi 2024 Global TMT Conference September 5, 2024 9:10 AM ET Company Participants Haviv Ilan – President and Chief Executive Officer Conference Call Participants Chris Danely – Citigroup Inc. Chris Danely All right. Great. Thanks, everyone. I am still Chris Danely, still the semi analyst here at Citi. It seems like I've been saying that every, every five minutes or 27 times a day. Hopefully, I can keep my voice for a few more hours. Next up is a stock that we rece ...

Texas Instruments’ (TXN) shares have rallied 18.4% in the year-to-date period, outperforming the Zacks Computer & Technology sector’s rise of 15.9%. It has also outpaced the S&P 500 Index’s appreciation of 15.6% over the same timeframe.TXN is benefiting from solid demand for data centers, which is boosting its prospects in the enterprise systems market. Improving conditions in the personal electronics and communication equipment markets are a plus.The company’s deepening focus on innovation of manufacturing ...

Visitors are visiting various integrated circuit chips developed and produced by Texas Instruments ... [+] at the 6th China International Import Expo (CIIE) in Shanghai, China, on November 6, 2023. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesTexas Instruments stock has fared reasonably well this year, rising by about 25% since early January. In comparison, industry peer Qualcomm stock has gained about 21% over the same period. While the broader semiconductor industry has seen a rec ...

DALLAS, Aug. 22, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the Citi 2024 Global TMT Conference in New York City on Thursday, Sept. 5, at 9:10 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 growth.The audio we ...

It has been about a month since the last earnings report for Texas Instruments (TXN) . Shares have added about 5.1% 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 the most recent earnings report in order to get a better handle on the important drivers. Texas Instruments Q2 Earnings Beat, ...

So bad it's good: Texas Instruments lowered its spending plans.Shares of Texas Instruments (TXN 3.42%), a producer of analog and embedded chips, rallied as much as 4.1% on Wednesday before retreating to a mere 3% gain as of 12:18 p.m. ET. Still, that was a much more substantial gain than the general semiconductor sector, with the iShares Semiconductor ETF (SOXX 1.45%) only up about 0.7% at that time.Texas Instruments gave a midyear update on its long-term spending plans on Tuesday, which is something the co ...

August 2024 Off-Cycle Capital Management Call Texas Instruments Incorporated Conference Call Prepared Remarks Tuesday, August 20, 2024, 10 a.m. Central time Dave Pahl, vice president and head of Investor Relations Capital management (slide 1) Good morning, and welcome to the Texas Instruments August 2024 capital management call. I'm Dave Pahl, head of Investor Relations, and I'm joined by Haviv Ilan, our chief executive officer, and Rafael Lizardi, our chief financial officer. This call is being broadcast l ...

Key Points Industry/Company - **Company**: Texas Instruments Incorporated (NASDAQ: TXN) - **Industry**: Semiconductor Core Points and Arguments - **Strategic Focus**: TI is focusing on Analog and Embedded Processing products, with a strong emphasis on industrial and automotive markets. - **Growth Expectations**: TI expects to grow its revenue and market share in the next decade, driven by increasing semiconductor content in industrial and automotive applications. - **Capacity Investments**: TI is investing in 300-millimeter wafer fabs to meet customer demand and ensure geopolitical reliability. - **Capital Allocation**: TI plans to spend approximately $5 billion in CapEx per year through 2025, with a range of $2 billion to $5 billion in 2026, depending on revenue. - **Free Cash Flow**: TI aims to achieve free cash flow per share growth across a range of market conditions, driven by revenue growth and a scalable CapEx strategy. Other Important Points - **CHIPS Act Funding**: TI has signed a preliminary agreement with the U.S. Department of Commerce for up to $1.6 billion in proposed direct funding under the CHIPS and Science Act, which will help fund the construction of SM1, LFAB2, and SM2. - **Investment Tax Credit**: TI expects to receive an estimated $6 billion to $8 billion in investment tax credit, which will further support its capacity investments. - **Market Recovery Scenarios**: TI has provided four revenue scenarios for 2026, representing a range of market conditions, including rapid market recovery, zero growth, and persistently weak market. - **Competitive Advantage**: TI's competitive advantages include its broad portfolio of Analog and Embedded Processing products, manufacturing and technology foundation, and strong customer relationships. - **Geopolitical Dependability**: TI is investing in capacity to ensure geopolitical dependability for its Analog and Embedded Processing semiconductors. Key Metrics - **Revenue**: $20 billion to $26 billion in 2026 - **CapEx**: $2 billion to $5 billion in 2026 - **Free Cash Flow per Share**: $8 to $12 in 2026 - **Internal Wafer Sourcing**: More than 90% by 2026, with more than 95% by 2030 - **Assembly Internal**: More than 85% by 2026 References - [1] - [5] - [6] - [8] - [10] - [11] - [12] - [13] - [14] - [15] - [16] - [17] - [18] - [19] - [20] - [21] - [22] - [23] - [24] - [25] - [26] - [27] - [28] - [29] - [30] - [31] - [32] - [33] - [34] - [35] - [36] - [37] - [38] - [39] - [40] - [41] - [42] - [43] - [44] - [45] - [46] - [47] - [48] - [49] - [50] - [51] - [52] - [53] - [54] - [55] - [56] - [57] - [58] - [59] - [60] - [61] - [62] - [63] - [64] - [65] - [66] - [67] - [68] - [69] - [70] - [71] - [72] - [73] - [74] - [75] - [76] - [77] - [78] - [79] - [80] - [81] - [82] - [83] - [84] - [85] - [86] - [87] - [88] - [89] - [90] - [91] - [92] - [93] - [94] - [95] - [96] - [97] - [98] - [99] - [100] - [101] - [102] - [103] - [104] - [105] - [106] - [107] - [108] - [109] - [110] - [111] - [112] - [113] - [114] - [115] - [116] - [117] - [118] - [119] - [120] - [121] - [122] - [123]

Texas Instruments Incorporated (NASDAQ:TXN) Capital Management Off-Cycle Call August 20, 2024 11:00 AM ET Company Participants Dave Pahl - Head of IR Haviv Ilan - CEO Rafael Lizardi - CFO Conference Call Participants Timothy Arcuri - UBS Vivek Arya - Bank of America Securities Ross Seymore - Deutsche Bank Stacy Rasgon - Bernstein Research Joshua Buchalter - TD Cowen William Stein - Truist Chris Caso - Wolfe Research Tore Svanberg - Stifel Tom O'Malley - Barclays Chris Danely - Citibank Joe Moore - Morgan St ...