Texas Instrument Stock Price, News & Analysis

Texas Instruments (Nasdaq: TXN) has appointed Haviv Ilan to its board of directors, effective December 6, 2021. Mr. Ilan, currently the executive vice president and COO of TI, brings valuable experience in managing large global organizations. He joined TI in 1999 and has held the COO position since 2020. The board's leadership believes his strong business acumen and strategic mindset will enhance decision-making. Texas Instruments is a leading semiconductor company focused on designing and manufacturing analog and embedded processing chips across various markets.

Texas Instruments (TXN) has launched the ADS127L11, the smallest 24-bit wideband analog-to-digital converter (ADC) that provides top-notch signal-measurement precision. This new ADC is 50% smaller than its nearest competitors and optimizes power consumption, resolution, and measurement bandwidth. It features a wideband mode with data rates up to 400 kSPS and a 30% higher signal-to-noise ratio. The device consumes only 3.3 mW at 50 kSPS, enhancing battery life for portable medical devices. Pricing starts at US$5.75 for 1,000-unit orders.

Texas Instruments (Nasdaq: TXN) CFO Rafael Lizardi will present at the Credit Suisse 25th Annual Technology Conference on Nov. 30, 2021, at 9:30 a.m. Mountain time in Scottsdale, Arizona. He will discuss the company’s business outlook, strategies for analog and embedded processing technologies, and engage with analysts and investors. The presentation will be available as a live audio webcast through the Investor Relations section of TI's website, with an archived replay accessible afterward.

Texas Instruments (TXN) announced plans to construct new 300-mm semiconductor wafer fabrication plants in Sherman, Texas, starting in 2022. With a potential investment of up to $30 billion, the site could support 3,000 jobs over time. The first two fabs are set to begin construction next year, with production expected in 2025. These new facilities will enhance TI’s manufacturing capabilities and address increasing demand in the industrial and automotive sectors. This initiative underscores TI’s 90-year commitment to North Texas and aims to solidify its competitive advantage in the semiconductor market.

Texas Instruments (Nasdaq: TXN) has launched the TPS61094 bidirectional buck/boost converter, featuring an ultra-low quiescent current (I_Q) of 60 nA, significantly lower than competitors. This product enhances battery life by up to 20%, making it ideal for applications like smart meters and medical devices. Key advantages include a 2-A inductor current limit, enabling support for radio standards and reducing component count by 50%. The TPS61094 is priced at US$1.20 in 1,000-unit quantities and is now available for purchase.

Texas Instruments (TXN) reported Q3 2021 revenue of $4.64 billion, a 22% increase year-over-year, with net income at $1.95 billion and earnings per share of $2.07. Strong demand in industrial, automotive, and personal electronics fueled growth, with analog revenue up 24% and embedded processing 13%. Cash flow from operations reached $8.5 billion over the trailing 12 months, with free cash flow at $7.1 billion. The company returned $4.2 billion to shareholders, increasing dividends by 13%.

For Q4, TI expects revenue between $4.22 billion and $4.58 billion.

Texas Instruments has successfully closed a previously announced $900 million acquisition of Micron’s operational 300mm fab in Lehi, UT. This strategic move will enable TI to utilize the facility for 65nm and 45nm production in analog and embedded processing products, with potential to expand beyond these nodes. ATREG, Inc. facilitated the transaction, underscoring their expertise in advanced technology manufacturing assets.

The board of Texas Instruments (Nasdaq: TXN) has declared a quarterly cash dividend of $1.15 per share. This dividend is payable on November 15, 2021, to shareholders on record as of November 1, 2021. Texas Instruments continues to advance in the semiconductor industry, focusing on providing affordable electronics through innovative analog and embedded processing chips.

Texas Instruments (TXN) has launched the TMAG5170, the industry's most accurate 3D Hall-effect position sensor, which achieves ultra-high precision with a 2.6% total error and speeds of up to 20 kSPS. The sensor uses at least 70% less power than its competitors and integrates advanced diagnostics for improved design flexibility and system safety. Available now starting at US$1.139 in bulk, the TMAG5170 aims to enhance automation in industries by simplifying system design and maximizing performance.