Texas Instrument Stock Price, News & Analysis

Janus International Group (NYSE: JBI) announced the appointment of Alessandro Araldi as President of Nokē and Corporate Strategy. With over 20 years of global experience, Araldi has a strong background in building technologies, previously holding leadership roles at Honeywell (NASDAQ: HON) and Texas Instruments (NASDAQ: TXN).

Araldi will oversee strategic growth for Nokē™ Smart Entry, aimed at enhancing security and automation for self-storage facilities. CEO Ramey Jackson highlighted Araldi’s innovative expertise as pivotal for future growth and expansion within the self-storage industry.

Texas Instruments reported Q4 2022 revenue of $4.67 billion, a 3% decrease year-over-year. Net income was $1.96 billion, with earnings per share at $2.13, including an unexpected 11-cent benefit. The company highlighted weaker demand across all markets except automotive, and cash flow from operations reached $8.7 billion for the year. TI returned $7.9 billion to shareholders. The outlook for Q1 2023 projects revenue between $4.17 billion and $4.53 billion, with EPS guidance of $1.64 to $1.90.

The board of directors of Texas Instruments (Nasdaq: TXN) announced a quarterly cash dividend of $1.24 per share. This dividend is payable on February 14, 2023, to shareholders of record as of January 31, 2023. Texas Instruments is renowned for its semiconductor solutions across various sectors, including industrial and automotive. The company's ongoing commitment to innovation and efficiency highlights its role in making electronics more accessible.

Texas Instruments (TXN) announced the appointment of Haviv Ilan as the new CEO, effective April 1, 2023. Ilan, a veteran with 24 years at TI, succeeds Rich Templeton, who will remain as chairman. The transition is a carefully planned succession, reflecting confidence in Ilan's leadership and experience. Templeton praised Ilan for his results-driven approach and commitment to innovation. Under Templeton’s leadership, TI focused on analog and embedded processing, significantly increasing free cash flow per share by over six times. The board emphasizes the importance of succession planning in maintaining TI’s growth trajectory.

Texas Instruments (NASDAQ: TXN) has unveiled the industry's first purpose-built semiconductor technology designed for ultrasonic lens cleaning (ULC). The new chipset, including the ULC1001 DSP and DRV2901 piezo transducer driver, facilitates automatic detection and removal of contaminants on camera lenses through microscopic vibrations. This innovation enhances system reliability, reduces maintenance needs, and is adaptable across various camera applications, from automotive to smart cities. The ULC1001 DSP is priced at $6.43, while the DRV2901 is available for $5.35, promoting cost-effectiveness in self-cleaning camera systems.

Texas Instruments (TXN) will hold a live webcast for its Q4 and year-end 2022 earnings conference call on January 24, 2023, at 3:30 p.m. Central time. CFO Rafael Lizardi and VP of Investor Relations Dave Pahl will present the financial results and engage in a Q&A session with investors. The call can be accessed via the Investor Relations section on TI's website. An archived version will be available post-call.

Texas Instruments (Nasdaq: TXN) has launched new automotive battery monitors, the BQ79718-Q1 and BQ79731-Q1, which offer unparalleled accuracy in measuring battery voltage, current, and temperature. These advancements enhance electric vehicle (EV) range and safety, addressing critical barriers to EV adoption. The monitors achieve precision levels of 1 mV and 0.05% for voltage and current, respectively. With features like voltage/current synchronization and ASIL D compliance, TI aims to support automakers in optimizing vehicle performance and safety. The monitors are available for purchase at prices starting from $8.39.

Texas Instruments (NASDAQ: TXN) announced a collaboration with Chicony Power to design a 65-W laptop power adapter, Le Petit, using TI's integrated gallium nitride (GaN) technology. This innovation reduces the adapter's size by 50% and increases its efficiency to 94%, compared to 89% with silicon. TI's LMG2610 GaN FET integrates multiple components on a single chip, improving thermal performance and energy conversion. This partnership aims to meet consumer demands for more compact and efficient electronic devices while addressing thermal and electromagnetic interference (EMI) challenges.

Texas Instruments (TXN) announced an expansion in its portfolio of space-grade analog semiconductors, introducing new radiation-hardened devices in plastic packages. The new space high-grade in plastic (SHP) qualification aims to improve efficiency in deep space missions. Notable products include the ADC12DJ5200-SP and ADC12QJ1600-SP ADCs, which are seven times smaller than equivalent ceramic devices, enhancing data communication rates. Additionally, the Space Enhanced Plastic (Space EP) portfolio is designed for smaller satellite applications, potentially saving 50% board space compared to traditional packages.