TI(US:TXN) 智通财经网·2025-09-05 01:02Group 1 - The Chief Financial Officer of Texas Instruments, Rafael Lizardi, warned that the recovery in semiconductor demand is not as rapid as some had hoped, indicating a steady rather than sharp rebound in the market [1] - Texas Instruments expects four out of five end markets to be recovering, with the automotive sector lagging behind due to macroeconomic uncertainties, but long-term growth opportunities are anticipated in this sector [1] - The company maintains a low delivery cycle due to design advantages and efficient internal manufacturing, with inventory days around 21 to 25, aligning with expected revenue conditions [1] Group 2 - Capital expenditures for Texas Instruments are projected to remain high at approximately $5 billion in 2025, focusing on phased expansion in the U.S. to meet market demand [2] - The company expects to receive between $6 billion to $9 billion in support from the CHIPS Act, benefiting from a current investment tax credit rate of 35% [2] - Texas Instruments has no plans to acquire government equity and anticipates a slight price decline of 2% to 3% based on market conditions [2] Group 3 - Texas Instruments' stock price fell approximately 5%, closing at $187.29 [3]