Texas Instruments is benefiting from increased data center demand, and growing investments in manufacturing, technology and product portfolio expansion.
Zacks.com users have recently been watching Texas Instruments (TXN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the most recent trading session, Texas Instruments (TXN) closed at $207.74, indicating a -1.4% shift from the previous trading day.
Texas Instruments stock has fared reasonably well this year, rising by about 25% since early January. In comparison, industry peer Qualcomm stock has gained about 21% over the same period.
Texas Instruments (TXN) reported earnings 30 days ago. What's next for the stock?
Texas Instruments updated its long-term spending plans yesterday. Acknowledging the very weak auto and industrial end markets, the company lowered the range of spending for 2026.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Texas Instruments Incorporated (NASDAQ:TXN ) Capital Management Off-Cycle Call August 20, 2024 11:00 AM ET Company Participants Dave Pahl - Head of IR Haviv Ilan - CEO Rafael Lizardi - CFO Conference Call Participants Timothy Arcuri - UBS Vivek Arya - Bank of America Securities Ross Seymore - Deutsche Bank Stacy Rasgon - Bernstein Research Joshua Buchalter - TD Cowen William Stein - Truist Chris Caso - Wolfe Research Tore Svanberg - Stifel Tom O'Malley - Barclays Chris Danely - Citibank Joe Moore - Morgan Stanley CJ Muse - Cantor Fitzgerald Dave Pahl Good morning, and welcome to the Texas Instruments August 2024 Capital Management Call. I'm Dave Pahl, Head of Investor Relations, and I'm joined by Haviv Ilan, our Chief Executive Officer; and Rafael Lizardi, our Chief Financial Officer.
Texas Instruments (TXN) struck a preliminary agreement with the U.S. Department of Commerce giving the semiconductor maker up to $1.6 billion in federal grants for three chip factories under construction. However, analysts' questions about future spending helped send shares lower in intraday trading Friday.
The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to help fund new facilities in the country.
Texas Instruments (NASDAQ:TXN) (TI) has secured up to $4.6 billion in grants and loans from the US government for the construction of three new semiconductor manufacturing facilities in Texas and Utah. The company said in a statement on Friday it has signed a preliminary agreement to receive up to $1.6 billion under the CHIPS and Science Act, which provides financial incentives to US firms advancing semiconductor research and production.
Texas Instruments Inc. said Friday it has signed a preliminary agreement with the U.S. Department of Commerce for up to $1.6 billion in funding through the CHIPS and Science Act to support three 300mm semiconductor-wafer-manufacturing plants currently being built in Texas and Utah.