Accessibility StatementSkip Navigation DALLAS, Oct. 1, 2025 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its third quarter 2025 earnings conference call on Tuesday, Oct. 21, at 3:30 p.m. Central time. Haviv Ilan, president and chief executive officer, Rafael Lizardi, senior vice president and chief financial officer, and Mike Beckman, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience. You can ...

Group 1 - Texas Instruments declared a quarterly cash dividend of $1.36 per share, payable on August 12, 2025, to stockholders of record on July 31, 2025 [1] - Texas Instruments is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips [2] - The company focuses on various markets including industrial, automotive, personal electronics, enterprise systems, and communications equipment [2] Group 2 - Texas Instruments aims to make electronics more affordable through its semiconductor innovations [2] - The company emphasizes reliability, affordability, and lower power consumption in its technology [2] - Texas Instruments' innovations build upon previous generations to enhance the integration of semiconductors in electronics [2]

Core Viewpoint - Texas Instruments Incorporated (TI) will host a webcast for its second quarter 2025 earnings conference call on July 22, 2025, at 3:30 p.m. Central time, where key executives will discuss financial results and answer investor questions [1]. Company Overview - Texas Instruments is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for various markets, including industrial, automotive, personal electronics, enterprise systems, and communications equipment [3]. - The company aims to make electronics more affordable through its semiconductor innovations, focusing on reliability, affordability, and lower power consumption [3].

Industry Overview - The semiconductor industry is crucial for technological advancements in HPC, AI, automated driving, and IoT, with a bright long-term outlook due to the essential role of semiconductors in cloud functionality and data analysis [1] - Global semiconductor sales are projected to grow by 11.2% this year, following a 19% increase in 2024, driven by AI workloads demanding high-end logic chips and high-bandwidth memory [4] - Advanced nodes (below 20nm) capacity is expected to increase by 12%, with utilization remaining above 90%, while mature nodes utilization is projected to rise from 70% in 2024 to above 75% this year [5] Market Challenges - Geopolitical instability and U.S. tariffs are creating challenges, disrupting supply chains, delaying deliveries, and increasing prices, which may lead to a rich valuation despite the industry's long-term potential [2][3] - The ongoing geopolitical tensions, particularly regarding China and Taiwan, are raising concerns about supply chain disruptions and national security implications [9][17] Company Insights - NVIDIA Corp. is highlighted as a strong investment opportunity, with its GPUs leading in gaming and significant growth in enterprise, data center, and automotive sectors [24][27] - Texas Instruments (TXN) is also recommended for tracking, focusing on internal manufacturing capacity expansion and benefiting from U.S. semiconductor manufacturing incentives [31][34] Financial Performance - The semiconductor industry has gained 17.9% over the past year, outperforming the broader technology sector and S&P 500 index [18] - The industry is currently trading at a forward P/E ratio of 32.79X, which is below its median value but appears overvalued compared to the S&P 500 and broader sector [21][22] Future Growth Drivers - The industrial IoT market is expected to grow at a 12.7% CAGR between 2025 and 2033, driven by advancements in connectivity and AI adoption [7] - AI is identified as the largest driver of the semiconductor industry, transforming efficiency and competitiveness across various sectors [11][12]

Core Insights - Texas Instruments (TI) is expanding its U.S. manufacturing capabilities to meet the growing demand for analog and embedded processing chips, which are essential for various electronic systems [1][2][7] - TI's partnerships with leading companies like Apple, Ford, Medtronic, NVIDIA, and SpaceX highlight its role in driving innovation and strengthening the domestic supply chain for semiconductors [3][4][5][6] Group 1: Company Overview - Texas Instruments is the largest foundational semiconductor manufacturer in the U.S., producing critical chips for smartphones, vehicles, data centers, and satellites [2] - The company has made over $60 billion investment in U.S. manufacturing, including the construction of seven large-scale fabs across Texas and Utah [7] Group 2: Partnerships and Collaborations - Apple emphasizes the importance of TI's American-made chips in driving innovation and advanced manufacturing in the U.S. [3] - Ford collaborates with TI to enhance American manufacturing and secure a robust supply chain for future mobility, with 80% of its vehicles sold in the U.S. assembled domestically [4] - Medtronic relies on TI's semiconductors for life-saving medical technologies, especially during global chip shortages, to maintain supply continuity [5] - NVIDIA and TI are working together to develop advanced AI infrastructure, aiming to revitalize U.S. manufacturing [6] - SpaceX utilizes TI's high-speed technology for its Starlink satellite internet service, emphasizing the importance of U.S.-made semiconductors for its operations [6][7] Group 3: Manufacturing Developments - TI's Sherman facility is set to begin initial production this year, with plans for additional fabs to support future demand [9] - The company is ramping up production at its Richardson and Lehi fabs, continuing its legacy of innovation in semiconductor manufacturing [9]

Company Overview - Texas Instruments Incorporated (TI) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for various markets including industrial, automotive, personal electronics, enterprise systems, and communications equipment [5]. Financial Offering - TI announced the pricing of two series of senior unsecured notes totaling an aggregate principal amount of $1.2 billion, which includes $550 million of 4.500% senior unsecured notes due May 23, 2030, and $650 million of 5.100% senior unsecured notes due May 23, 2035 [1][6]. - The net proceeds from this offering are expected to be used for general corporate purposes, with the offering anticipated to close on May 23, 2025 [1]. Underwriters - Barclays Capital Inc., Morgan Stanley & Co. LLC, and MUFG Securities Americas Inc. are serving as joint book-running managers for the offering [2].

Industry Overview - The semiconductor industry is experiencing strong growth driven by advancements in HPC, AI, electrified and automated driving, and IoT, leading to soaring share prices and rich valuations [1] - Global semiconductor sales are projected to grow by 11.2% in 2024, following a 19% increase in 2023 [2] - IDC anticipates double-digit growth in demand for high-end logic process chips and high-bandwidth memory (HBM), with advanced nodes capacity expected to increase by 12% [3] Market Dynamics - The utilization of mature nodes is expected to rise from 70% in 2024 to above 75% in 2023, with wafer production increasing by 7% [4] - The IoT market is expected to grow steadily, driven by increased internet connectivity and AI adoption [5] - The industrial IoT segment is projected to grow at a CAGR of 12.7% from 2025 to 2033 [6] Geopolitical Factors - U.S. government initiatives to reduce dependence on China and onshoring projects are shaping the semiconductor industry's future [7] - Geopolitical tensions are increasing demand for advanced electronics in defense and critical applications, with China being a significant factor [15] Industry Performance - The Zacks Semiconductor-General Industry has gained 22.5% over the past year, outperforming the broader technology sector and the S&P 500 [16] - The industry is currently trading at a forward P/E ratio of 27.10X, which is significantly above the S&P 500's 20.68X [19] Company Highlights - NVIDIA Corp. is recognized for its leadership in graphics processing units (GPUs) and is experiencing strong demand across various sectors, including gaming, data centers, and automotive [23][24] - Texas Instruments is focusing on reshoring manufacturing and expanding internal capacity, with a goal of sourcing over 95% of its wafers internally by 2030 [29][30] - Texas Instruments is also benefiting from a 25% investment tax credit related to U.S. semiconductor manufacturing [31] Financial Outlook - Analysts expect NVIDIA's revenue and earnings to increase by 48.2% and 41.8% respectively in 2026, and by 24.2% and 26.7% in 2027 [27] - Texas Instruments is projected to see revenue and earnings growth of 11.0% and 6.7% in 2025, followed by 8.8% and 13.9% in 2026 [33]

Core Viewpoint - Texas Instruments Incorporated (TI) reported strong financial results for Q1 2025, with revenue of $4.07 billion, net income of $1.18 billion, and earnings per share of $1.28, reflecting an 11% year-over-year revenue growth and a 7% increase in net income [1][2][6]. Financial Performance - Revenue for Q1 2025 was $4,069 million, up from $3,661 million in Q1 2024, marking an 11% increase [2]. - Operating profit increased by 3% to $1,324 million compared to $1,286 million in the same quarter last year [2]. - Net income rose to $1,179 million, a 7% increase from $1,105 million in Q1 2024 [2]. - Earnings per share improved to $1.28, up from $1.20, also a 7% increase [2]. Cash Flow and Returns - Cash flow from operations for the trailing 12 months was $6,150 million, slightly down from $6,277 million year-over-year [2]. - Free cash flow for Q1 2025 was reported at $(14) million, a significant decrease from $1,715 million in Q1 2024 [2][10]. - Total cash returned to shareholders in the trailing 12 months was $6.43 billion, which includes $4.85 billion in dividends and $1.58 billion in stock repurchases, reflecting a 34% increase in total cash returned [3][6]. Segment Performance - The Analog segment generated revenue of $3,210 million, a 13% increase from $2,836 million in Q1 2024, with operating profit rising by 20% [9]. - The Embedded Processing segment saw a slight decline in revenue to $647 million, down 1% from $652 million, with a significant drop in operating profit by 62% [9]. - Other segments reported revenue of $212 million, up 23% from $173 million, but operating profit decreased by 55% [9]. Future Outlook - TI's guidance for Q2 2025 anticipates revenue between $4.17 billion and $4.53 billion, with earnings per share expected to range from $1.21 to $1.47 [6]. - The effective tax rate for the second quarter is projected to be around 12% to 13% [6].

Group 1 - Texas Instruments Incorporated (TI) will hold its annual meeting of stockholders on April 17, 2025, at 8:30 a.m. Central time in Dallas [1] - The audio webcast of the meeting will be available live through the Investor Relations section of the company's website [1] Group 2 - Texas Instruments is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips [2] - The company serves various markets, including industrial, automotive, personal electronics, enterprise systems, and communications equipment [2] - Texas Instruments aims to make electronics more affordable through its semiconductor innovations, focusing on reliability, affordability, and lower power consumption [2]