Texas Instruments Incorporated (TXN) Presents at Goldman Sachs Communacopia + Technology
Macro Overview - Texas Instruments has a broad end market exposure, indicating diverse performance across various sectors globally [1] - The company is observing incremental strength in several verticals while noting sluggishness in others [1] Semiconductor Market Recovery - A semiconductor recovery is underway, with the trough occurring in the first half of 2024, specifically in Q1 [2] - Since the trough, a recovery has been noted, with different markets at varying recovery phases [2] - Currently, 4 out of the 5 markets Texas Instruments operates in are experiencing recovery, with the automotive market still lagging but expected to improve [3]