Welcome to our dedicated page for Texas Instrument news (Ticker: TXN), a resource for investors and traders seeking the latest updates and insights on Texas Instrument stock.
Texas Instruments Incorporated reports recurring developments around its global semiconductor business, including analog and embedded processing chips for industrial, automotive, data center, personal electronics and communications equipment markets. Company updates commonly cover quarterly results, cash dividends, shareholder returns, annual meeting matters and product announcements tied to power management, microcontrollers and embedded software.
News also reflects TI's broader product portfolio, including isolated power modules using IsoShield technology, 800 VDC power architecture reference designs for AI data centers, edge AI microcontrollers with TinyEngine NPU capabilities, and graphing calculators from its Education Technology division.
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.
Texas Instruments (TXN) reported Q2 2020 revenue of $3.24 billion, a 12% decrease year-over-year, attributed mainly to declines in the automotive sector. Despite this, the company's net income rose to $1.38 billion, and EPS increased 9% to $1.48, benefiting from a 33-cent item. Cash flow from operations stood at $6.3 billion over the past year, with free cash flow at $5.7 billion. Looking ahead, TXN projects Q3 revenue between $3.26 billion and $3.54 billion and EPS between $1.14 and $1.34.
Texas Instruments has declared a quarterly cash dividend of $0.90 per share, payable on August 17, 2020. Stockholders must be on record by July 31, 2020 to receive the dividend. The company continues its commitment to delivering value to shareholders as a leading semiconductor firm, focusing on innovation across various industries including automotive and personal electronics.
Texas Instruments (TXN) will host a webcast for its Q2 2020 earnings conference call on July 21 at 3:30 p.m. CT. CFO Rafael Lizardi and VP Dave Pahl will discuss financial results and respond to investor questions. Investors can access the live audio on the Investor Relations section of the company's website. An archived copy will be available after the call.
Texas Instruments (TXN) has launched the BQ25790 and BQ25792, the industry's smallest buck-boost battery charger ICs, featuring power-path management for efficient charging up to 97%. These devices support multiple charging sources and enable ultra-fast charging with up to 5 A across a wide voltage range (3.6 V to 24 V). They deliver 50% greater power density than competitors, integrating various components to reduce solution size. Additionally, the chargers boast less than 1 µA quiescent current, enhancing battery run time, making them suitable for portable medical devices and smart applications.
Texas Instruments (TXN) announced the winners of its 2019 Supplier Excellence Award, recognizing 17 companies from over 12,000 suppliers for their commitment to quality, ethical business practices, and customer service. The award highlights important supplier relationships that help TI produce advanced products effectively. Among the winners are companies like Advanced Semiconductor Engineering and Taiwan Semiconductor Manufacturing Company, which provide crucial components and services. This recognition underscores TI's commitment to operational excellence and collaboration with reliable suppliers.