Texas Instruments (TXN) “is Crushing it,” Says Jim Cramer

Core Viewpoint - Texas Instruments Incorporated (NASDAQ:TXN) has shown strong performance in the semiconductor industry, with a notable increase in stock price and positive earnings guidance despite a slight revenue miss in the fourth quarter [2][3]. Financial Performance - Texas Instruments reported $4.42 billion in revenue for the fiscal fourth quarter, which was slightly below analyst expectations of $4.44 billion [2]. - The company provided guidance for the first quarter, projecting revenue between $4.32 billion and $4.68 billion, and earnings per share between $1.22 and $1.48, surpassing analyst estimates of $4.42 billion and $1.26 per share [2]. Analyst Sentiment - Following the earnings report, UBS raised the price target for Texas Instruments shares from $245 to $260, maintaining a Buy rating due to a strong backlog and stable revenue trends [2]. - Jim Cramer highlighted the company's performance during the earnings call, praising the quality of the conference call and the company's achievements in the industrial and data center sectors [2][3]. Market Position - Texas Instruments' stock has increased by 15% over the past year and 17% year-to-date, indicating strong market performance [2]. - The company is recognized for its disciplined approach and lower inventory levels, contributing to its positive outlook in the semiconductor market [3].