Texas Instrument Stock Price, News & Analysis

Texas Instruments' Chairman, President, and CEO Rich Templeton will present at the Credit Suisse 24th Annual Technology Conference on December 2 at 10:50 a.m. Eastern time. He will discuss the company’s business outlook and strategies for growth in the analog and embedded processing markets, followed by a Q&A session with analysts and investors. The conference will be accessible via a live audio webcast on the TI Investor Relations website and an archived replay will be available post-event.

Texas Instruments (TXN) has launched new 650-V and 600-V gallium nitride (GaN) field-effect transistors (FETs), enhancing its power management portfolio for automotive and industrial applications. These GaN FETs feature a 2.2-MHz integrated gate driver, providing twice the power density and 99% efficiency while reducing power magnetics size by 59%. The devices support up to 4 kW in half-bridge configuration and are expected to enable significant space savings in electric vehicle chargers and industrial power systems. Pre-production versions are available now, with volume production anticipated in early 2021.

Texas Instruments (TXN) has launched a new family of low-noise DC/DC switching regulators, the TPS62912 and TPS62913. These regulators provide a noise level of 20 µV_RMS and output voltage ripple of 10 µV_RMS, enabling significant power loss reductions of up to 76% and saving 36% in board space. With a peak efficiency of 97% and a power-supply rejection ratio of 65 dB, they streamline designs by eliminating the need for additional low-dropout regulators. Pre-production pricing starts at US$1.06 for TPS62912 and US$1.16 for TPS62913, with general availability expected in Q1 2021.

Texas Instruments reported Q3 2020 revenue of $3.82 billion, up 1% year-over-year and 18% sequentially, driven by automotive and personal electronics demand. Net income was $1.35 billion and earnings per share were $1.45. The company generated a strong free cash flow of $5.2 billion, representing 38% of revenue. TI plans to return $6.4 billion to shareholders through stock buybacks and dividends. For Q4, they forecast revenue between $3.41 billion and $3.69 billion.

The board of directors of Texas Instruments has declared a quarterly cash dividend of $1.02 per share for the fourth quarter of 2020. This dividend will be paid on November 16, 2020, to shareholders on record as of October 30, 2020. Texas Instruments, a leading semiconductor company, focuses on producing chips for various industries such as automotive and personal electronics. The company's commitment to innovation aims to make electronics more affordable and efficient.

Texas Instruments (Nasdaq: TXN) has launched the DP83TD510E, an Ethernet PHY capable of transmitting 10-Mbps signals up to 1.7 km via a single twisted wire pair. This exceeds the IEEE 802.3cg 10BASE-T1L specification by 1.5 km, facilitating industrial communication without added costs. The device supports full-duplex data transfer, enhancing system interoperability in applications like automation, HVAC controls, and safety systems. Priced at US$3.20 per unit, pre-production versions are available now, with full production expected in early 2021.

Texas Instruments (Nasdaq: TXN) will hold its Q3 2020 earnings conference call on October 20, 2020 at 3:30 p.m. Central time. CFO Rafael Lizardi and Investor Relations VP Dave Pahl will discuss financial results and address questions. The call will be webcast live and archived for later access on the company's Investor Relations page.

Texas Instruments (TXN) announced a 13% increase in its quarterly cash dividend, raising it from $0.90 to $1.02 per share, effective November 16, 2020. This increase reflects the company's strong free cash flow generation, with 56% of its free cash flow returned to stockholders over the past year. This is the 17th consecutive year of dividend increases for TI. As of Q2 2020, the company has reduced outstanding shares by 47% through share repurchases.

Texas Instruments (Nasdaq: TXN) has launched a custom version of the PSpice® simulator from Cadence Design Systems, aimed at enhancing circuit simulation for its power and signal-chain products. The tool features over 5,700 TI analog IC models, allowing engineers to validate system-level designs effectively. PSpice for TI offers capabilities like automatic measurements and Monte Carlo analysis, streamlining the design process. This software is available for free download and connects users to extensive TI resources, which could expedite product evaluation and development.