News highlights:New DLP® controller is 90% smaller than the previous generation, enabling compact design for consumer applications, such as lifestyle projectors, gaming projectors and augmented reality glasses.Designers can replicate the experience of immersive, high-end gaming monitors in a fraction of the size with submillisecond display latency and frame rates up to 240Hz.DALLAS, Aug. 6, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today introduced a new display controller to enable the smal ...

证券研究报告 | 公司动态点评 2024 年 08 月 01 日 德州仪器（TXN.O） 中国区销售回暖增长，模拟芯片市场有望企稳止跌 | --- | --- | --- | --- | --- | --- | |----------------------|---------|---------|---------|---------|---------| | 财务指标 | FY2022A | FY2023A | FY2024E | FY2025E | FY2026E | | 营业收入（百万美元） | 20,028 | 17,519 | 16,162 | 18,717 | 22,596 | | 增长率 yoy（%） | 9.2 | -12.5 | -7.7 | 15.8 | 20.7 | | 净利润（百万美元） | 8,710 | 6,477 | 5,890 | 7,033 | 8,845 | | 增长率 yoy（%） | 12.6 | -25.6 | -9.1 | 19.4 | 25.8 | | ROE（%） | 68.8 | 62.9 | 65.1 | 67.5 | 69.1 | | EPS 最新摊薄（ ...

Investment Rating - The report does not explicitly mention an investment rating for Texas Instruments (TXN) [1][2][3] Core Views - Texas Instruments (TXN) reported Q2 2024 revenue of $3.822 billion, down 16% YoY but up 4.4% QoQ, slightly above the guidance midpoint of $3.8 billion [1][2] - Gross margin for Q2 2024 was 57.85%, down 6.37 percentage points YoY but up 0.55 percentage points QoQ, driven by revenue growth, improved capacity utilization, lower production costs, and increased internal manufacturing with 300mm wafers [2][7] - Net income for Q2 2024 was $1.127 billion, down 35% YoY but up 1.99% QoQ, exceeding market expectations of $1.089 billion [2][9] - Inventory at the end of Q2 2024 was $4.1 billion, up $23 million QoQ, with inventory turnover days decreasing by 6 days to 229 days [2][10] - Capital expenditure for Q2 2024 was $1.064 billion, down 14.7% QoQ and 26.4% YoY, with total capital expenditure over the past 12 months reaching $5 billion [2][10] Revenue Breakdown - Analog business revenue in Q2 2024 was $2.928 billion, down 11% YoY but up 3.24% QoQ, accounting for 76.6% of total revenue [2][11] - Embedded processing business revenue in Q2 2024 was $615 million, down 31% YoY and 5.67% QoQ, accounting for 16.1% of total revenue [2][11] - Other business revenue in Q2 2024 was $279 million, down 22% YoY but up 61.27% QoQ, accounting for 7.3% of total revenue [2][12] End Markets - Industrial and automotive markets continued to decline QoQ in Q2 2024, while all other end markets showed growth [2][13] - Industrial market revenue declined by low single-digit percentages QoQ, while automotive market revenue declined by mid-single-digit percentages QoQ, marking the third consecutive quarter of decline [2][13] - Personal electronics market showed strong recovery, with QoQ growth in the mid-teens percentage and YoY growth close to 20% [2][13] - Enterprise systems market also recovered, with QoQ growth of around 20% [2][13] Q3 2024 Guidance - Texas Instruments provided Q3 2024 revenue guidance of $3.94 billion to $4.26 billion, with a midpoint of $4.1 billion, representing a 7.27% QoQ increase but a 9.53% YoY decline [2][14] - EPS guidance for Q3 2024 is between $1.24 and $1.48 [2][14] Management Commentary - The company remains focused on long-term value creation, investing in manufacturing and technological capabilities, a broad product portfolio, channel coverage, and a diversified market position [2][17] - The company plans to hold a capital management call on August 20 to provide more details on capacity investments and free cash flow scenarios [2][16]

Have you looked into how Texas Instruments (TXN) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this chipmaker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importan ...

Texas Instruments (TXN) reported second-quarter 2024 earnings of $1.22 per share, surpassing the Zacks Consensus Estimate by 5.2%. The figure exceeded the guided range of $1.05-$1.16 per share.The figure declined 35% year over year but gained 1.7% sequentially.TXN reported revenues of $3.82 billion, which beat the Zacks Consensus Estimate by 0.6%. The figure came within management’s guidance of $3.65-$3.95 billion.Revenues decreased 16% from the year-ago quarter’s level but increased 4% sequentially.The yea ...

DALLAS, July 24, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast an off-cycle capital management call on Tuesday, August 20, at 10 a.m. Central time. During the webcast, Haviv Ilan, president and chief executive officer, will join Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, to provide more granularity on TI's capacity investments. The discussion will also include a framework of revenue an ...

The semiconductor industry is crucial to modern technology, producing chips that power various electronic devices. These chips are essential for computers, smartphones, automobiles, and many other products we use daily. Semiconductor companies design and manufacture these tiny but complex components. The industry is known for its cyclical nature, with periods of high demand followed by slowdowns.Semiconductor stocks represent companies involved in chip design, manufacturing, or both. These stocks can offer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-03761 TEXAS INSTRUMENTS INCORPORATED (Exact Name of Registrant as Specified in Its Charter) Delaware 75-0289970 (State ...

Texas Instruments Incorporated (NASDAQ:TXN) Q2 2024 Earnings Conference Call July 23, 2024 4:30 PM ET Company Participants Dave Pahl - Head of IR Haviv Ilan - CEO Rafael Lizardi - CFO Conference Call Participants Timothy Arcuri - UBS Stacy Rasgon - Bernstein Research Vivek Arya - Bank of America Securities Ross Seymore - Deutsche Bank Chris Danely - Citibank Toshiya Hari - Goldman Sachs Harlan Sur - JP Morgan Joe Moore - Morgan Stanley Dave Pahl Welcome to the Texas Instruments Second Quarter 2024 Earnings ...

For the quarter ended June 2024, Texas Instruments (TXN) reported revenue of $3.82 billion, down 15.7% over the same period last year. EPS came in at $1.22, compared to $1.87 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.8 billion, representing a surprise of +0.60%. The company delivered an EPS surprise of +5.17%, with the consensus EPS estimate being $1.16.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...