Texas Instruments Eyes Record $5.3B Quarter as Data-Center Demand Surges
TXN sits 91% above its 52-week low of $152.73.
Summary
Texas Instruments is set to report Q2 earnings after the close, with analysts projecting record revenue of $5.3 billion, up 18% YoY, and EPS of $1.94. The stock has surged 68% YTD to $291.30, reflecting optimism in the semiconductor cycle recovery. Data-center power-management chips are a key growth driver, with Q1 revenue up 90% YoY and expectations for similar strength in Q2. Operating margins are forecast to expand to 40.5% as capex pulls back. Automotive chip demand remains a drag, growing only ~10%, but the data-center narrative could lift the broader AI chip sector. As the first major chip maker to report, TXN's commentary will set the tone for peers.
At the time of this announcement, TXN was trading at $291.70 on NASDAQ in the Technology sector, with a market capitalization of approximately $265.1B. The 52-week trading range was $152.73 to $334.03. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.