Texas Instrument Stock Price, News & Analysis

Texas Instruments (TXN) announced an agreement to acquire Micron Technology's 300-mm semiconductor fab in Lehi, Utah, for $900 million. This strategic move adds a fourth fab to TI's manufacturing capacity, enhancing its competitive edge in analog and embedded processing. The Lehi facility will produce 65-nm and 45-nm chips and could scale to additional nodes as needed. Underutilization costs of about $75 million per quarter are anticipated in 2022, with first revenue projected for early 2023. The acquisition is aimed at bolstering TI's long-term capacity planning and control over its supply chain.

Texas Instruments (TXN) launched the HDC3020 and HDC3020-Q1 humidity sensors, touted for their high reliability, accuracy, and low power consumption. These sensors feature integrated drift correction technology, achieving less than 0.21% RH accuracy drift per year. They maintain ±1.5% RH accuracy across a wide range of 1.62 V to 5.5 V. The devices support energy-efficient operations, crucial for battery-operated systems. Priced at $1.65 in 1,000-unit quantities, they are available exclusively on TI.com. These advancements aim to enhance industrial and automotive applications while addressing moisture issues.

Texas Instruments (Nasdaq: TXN) has expanded its high-speed data converter portfolio with the ADC3660 family of SAR analog-to-digital converters (ADCs), designed for industrial applications. This new series offers resolutions of 14, 16, and 18 bits, with sampling speeds between 10 to 125 MSPS. Key features include up to 80% lower latency, enhanced noise performance, and lower power consumption, making them ideal for real-time control in industrial systems. Products are available now, with prices starting at $14.50 for the ADC3541. Evaluation modules are priced at $249.

Texas Instruments (Nasdaq: TXN) CEO Rich Templeton will present at the Bernstein 37th Annual Strategic Decisions Conference on June 2 at 10 a.m. Eastern time. He will discuss TI's business outlook and strategic initiatives in analog and embedded processing technologies. Analysts and investors can access the live audio webcast via TI's Investor Relations page, with an archived replay available afterwards. Texas Instruments designs and manufactures semiconductor solutions across multiple sectors, aiming to make electronics more affordable and efficient.

Texas Instruments reported Q1 2021 revenue of $4.29 billion, a 29% increase from the previous year, driven by strong demand in industrial and automotive sectors. Net income reached $1.75 billion, with earnings per share at $1.87, including a 2-cent benefit. The company generated $7.1 billion in cash flow from operations over the past year, returning $4.5 billion to shareholders through dividends and stock buybacks. Q2 2021 revenue outlook is set between $4.13 billion and $4.47 billion.

The board of directors of Texas Instruments (Nasdaq: TXN) declared a $1.02 quarterly cash dividend per share, payable on May 17, 2021, to stockholders on record by May 3, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders. Texas Instruments is a leading semiconductor company focused on designing and manufacturing analog and embedded processing chips for various markets, including industrial and automotive sectors.

Texas Instruments (Nasdaq: TXN) has launched the LM25149-Q1 and LM25149 synchronous DC/DC buck controllers, which integrate active EMI filtering technology. This innovation allows engineers to reduce the area of external EMI filters by up to 50% and lower conducted EMI by as much as 55 dBµV. Designed for applications like ADAS and aerospace, these controllers also optimize power density and reduce costs by integrating components like the bootstrap diode and output-voltage feedback. Pricing starts at $1.42 and $1.20 for the LM25149-Q1 and LM25149, respectively, with availability expected in Q4 2021.

Texas Instruments (TXN) will host a webcast for its Q1 2021 earnings conference call on April 27, 2021, at 3:30 p.m. Central time. Senior VP and CFO Rafael Lizardi, along with VP Dave Pahl, will present financial results and address investor questions. The audio webcast will be available on the Investor Relations section of their website, with an archived copy accessible post-call. Texas Instruments designs and manufactures semiconductor chips for various markets, emphasizing innovation and efficiency in electronics.

The TI Codes Contest, organized by Texas Instruments (TXN), challenges students to create innovative solutions related to health, wellness, or medicine, particularly in light of the COVID-19 pandemic. This annual competition encourages teamwork among students, allowing them to submit proposals that may evolve into coded designs showcased through videos. Winning teams receive prizes including calculators and educational tools. The contest aims to engage students in STEM and address relevant health issues.