Texas Instrument Stock Price, News & Analysis

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.

Texas Instruments (TXN) has launched the TPS63900, the first DC/DC buck-boost converter with programmable input current limit and integrated dynamic voltage scaling, designed to extend battery life by at least 50%. Featuring the industry's lowest quiescent current of 75 nA and delivering up to 92% efficiency, this converter supports various battery-powered applications. It helps engineers optimize power architectures, enabling devices to run for at least 10 years on a primary battery. The TPS63900 is priced at $0.80 for 1,000-unit quantities and is now available.

Texas Instruments (TXN) CEO Rich Templeton will present at the Citi 2020 Global Technology Conference on September 9 at 8 a.m. Eastern time. He plans to discuss TI's business outlook and strategy in key markets for analog and embedded processing technologies, highlighting the company's growth potential. A live audio webcast will be available through TI's Investor Relations page, with an archived replay following the event.

Texas Instruments (Nasdaq: TXN) announced the promotion of Haviv Ilan to executive vice president and chief operating officer, effective August 18, 2020. Ilan, a seasoned 21-year veteran at TI, previously led the Analog Signal Chain division. As COO, he will oversee business operations, sales, technology, and manufacturing. Rich Templeton, TI's chairman and CEO, praised Ilan's leadership and results-driven approach. Ilan holds degrees in electrical engineering and an MBA from prestigious institutions. This leadership change aims to strengthen TI’s long-term strategy in the semiconductor market.