Texas Instruments shares jump as first-quarter outlook signals robust AI data center demand
Core Viewpoint - Texas Instruments' shares increased by 7% in premarket trading due to a positive quarterly forecast, indicating strong demand for chips driven by the AI data center boom, extending beyond Nvidia's advanced processors [1] Group 1 - Texas Instruments reported a quarterly forecast that reflects robust growth in demand for semiconductors [1] - The surge in demand is attributed to the AI data center boom, highlighting a shift in the semiconductor market dynamics [1] - The performance of Texas Instruments suggests a competitive landscape where demand for chips is not solely reliant on Nvidia's offerings [1]