TI(US:TXN) 智通财经网·2026-01-28 14:34Group 1 - Texas Instruments (TXN) stock rose approximately 6.5% in pre-market trading following the release of its Q4 earnings and outlook, driven by growth opportunities from the global data center construction wave impacting a broader range of semiconductor sectors including analog chips, power management, and network connectivity [1] - Jefferies analysts estimate that Texas Instruments' data center-related revenue for Q4 FY2025 will be around $450 million, reflecting a mid-single-digit percentage growth quarter-over-quarter, with total annual data center revenue projected at $1.5 billion, a year-over-year increase of 64% [1] - Texas Instruments has begun to disclose data center revenue as a separate terminal market, further segmented into computing (45%), networking (35%), and power transmission (20%), with future growth likely correlated to capital expenditures from global hyperscale cloud providers [1] Group 2 - Jefferies noted improving demand in industrial terminals, while growth in the automotive market remains moderate, indicating a "mild positive" impact on overall performance without significantly exceeding market expectations [2] - Morgan Stanley maintains a cautious stance, emphasizing the need for more consecutive quarters of growth data to build confidence in the sustainability of the recovery, continuing to rate the stock as "underweight" [2] - Bank of America is more optimistic, upgrading Texas Instruments from "underperform" to "neutral" and significantly raising the target price to $235, while also indicating a clear signal of "analog chip recovery" from the company's Q1 outlook [2] Group 3 - The macro environment remains uncertain, but the relatively uncongested analog chip sector is expected to regain market attention, driven by factors such as industrial inventory replenishment, new demand from data center power and connectivity, and growth in aerospace and defense markets [3]