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 (TXN) is a global leader in analog and embedded processing semiconductor solutions powering industrial, automotive, and consumer electronics. This dedicated news hub provides investors and professionals with centralized access to official TXN announcements and strategic developments.
Our curated collection features Texas Instruments press releases, earnings reports, product innovations, and partnership updates. Track TXN's manufacturing advancements, R&D breakthroughs, and market initiatives through verified primary sources.
Content is organized by key focus areas including industrial automation technologies, automotive semiconductor solutions, and sustainable production practices. Regular updates ensure accurate insights into TXN's role in advancing electronics supply chains and semiconductor industry trends.
Bookmark this page for efficient monitoring of Texas Instruments' official communications. Visit regularly to stay informed about technological innovations and operational milestones shaping TXN's market position.
Texas Instruments (TI) has signed a preliminary agreement with the U.S. Department of Commerce for up to $1.6 billion in proposed direct funding under the CHIPS and Science Act. This funding will support three 300mm semiconductor wafer fabs under construction in Texas and Utah. Additionally, TI expects to receive an estimated $6 billion to $8 billion from the U.S. Department of Treasury's Investment Tax Credit for qualified U.S. manufacturing investments.
The company plans to invest more than $18 billion through 2029 as part of its broader manufacturing investment. This will create over 2,000 new TI jobs and thousands of indirect jobs. The new fabs will produce semiconductors in 28nm to 130nm technology nodes, important for TI's analog and embedded processing products.
Texas Instruments (TXN) has introduced the DLPC8445, the world's smallest 4K UHD display controller for projectors. At just 9mm by 9mm, it's 90% smaller than previous generations, enabling compact designs for lifestyle and gaming projectors, and AR glasses. When combined with TI's DLP472TP DMD and DLPA3085 PMIC, it offers:
- Diagonal displays of 100 inches or more
- Submillisecond display latency
- Frame rates up to 240Hz
- Variable refresh rate (VRR) support
- Advanced image-correction capabilities
The DLPC8445 is available now, with pricing starting at $60 in 1,000-unit quantities. This innovation aims to bring immersive, high-quality displays to consumers in compact, portable formats.
Texas Instruments (TXN) has announced a webcast of an off-cycle capital management call scheduled for August 20, 2024, at 10 a.m. Central time. The call will feature Haviv Ilan (CEO), Rafael Lizardi (CFO), and Dave Pahl (Head of Investor Relations).
The webcast will provide detailed insights into TI's capacity investments and present a framework for revenue and free cash flow per share scenarios. Investors can access the webcast through TI's Investor Relations website, with an archived version available shortly after the call concludes.
Elliott Investment Management has released a statement commending Texas Instruments (NASDAQ: TXN) for its positive shareholder engagement and capital allocation initiatives announced by CEO Haviv Ilan. The investment firm expressed support for TXN's strategy to build the world's largest footprint of geopolitically dependable, 300-mm analog semiconductor capacity.
Elliott is looking forward to TXN's special Capital Management event in August, where the company will detail its fab strategy and introduce a new framework for revenue and free cash flow scenarios. The statement highlights the constructive dialogue established between Elliott and Texas Instruments, emphasizing that the announced steps will support long-term value creation for all shareholders.
Texas Instruments (Nasdaq: TXN) released its Q2 2024 financial results on July 23, 2024. The company reported revenue of $3.82 billion, a 16% YoY decrease, and net income of $1.13 billion, down 35% from Q2 2023. Earnings per share (EPS) were $1.22, including a 5-cent benefit from unexpected items. Sequentially, revenue increased by 4% while industrial and automotive segments declined. TI generated $6.4 billion in cash flow from operations over the trailing twelve months, with free cash flow at $1.5 billion. The company invested $3.7 billion in R&D and SG&A and returned $4.9 billion to shareholders. For Q3 2024, TI projects revenue between $3.94 billion to $4.26 billion and EPS of $1.24 to $1.48. The effective tax rate is expected to remain around 13%.
Texas Instruments Incorporated (Nasdaq: TXN) has announced its third quarter 2024 dividend. The company's board of directors has declared a quarterly cash dividend of $1.30 per share of common stock. This dividend will be payable on August 13, 2024, to stockholders of record as of July 31, 2024. This announcement demonstrates TXN's commitment to returning value to its shareholders through consistent dividend payments.
Texas Instruments (TI) has introduced six new power modules featuring proprietary MagPack integrated magnetic packaging technology. These modules offer improved power density, enhanced efficiency, and reduced EMI, with sizes up to 23% smaller than competing modules. Three of the new devices - TPSM82866A, TPSM82866C, and TPSM82816 - are the industry's smallest 6A power modules, providing a power density of nearly 1A per 1mm² of area.
The MagPack technology combines a power chip with a transformer or inductor in one package, utilizing a 3D package molding process to maximize power output in a smaller space. This innovation is particularly significant for applications like data centers, where power consumption is a critical factor. The new power modules are now available for purchase on TI.com, with evaluation modules starting at $49.
Texas Instruments (TI) announced that it will webcast its Q2 2024 earnings conference call on July 23 at 3:30 p.m. Central time. Key executives including CEO Haviv Ilan, CFO Rafael Lizardi, and VP of Investor Relations Dave Pahl will discuss the company's financial results and take questions from investors. The webcast can be accessed on the Investor Relations section of TI's website, with an archived copy available post-event.
Texas Instruments (Nasdaq: TXN) and Delta Electronics have announced a collaboration aimed at advancing electric vehicle (EV) onboard charging and power solutions. The partnership will leverage both companies' R&D capabilities in a joint innovation lab in Pingzhen, Taiwan, to optimize power density, performance, and size, aiming to make EVs safer, faster-charging, and more affordable. This initiative is part of a three-phase development program, starting with a lightweight, cost-effective 11kW onboard charger that achieves up to 95% power conversion efficiency using TI’s C2000 real-time microcontrollers and active EMI filter products. Subsequent phases will focus on achieving higher automotive safety standards and developing next-gen automotive power solutions using GaN technology.
Texas Instruments (TI) (Nasdaq: TXN) has introduced the industry's first 650V three-phase GaN integrated power module (IPM), the DRV7308, for 250W motor drive applications. The DRV7308 offers over 99% inverter efficiency, optimized acoustic performance, reduced solution size, and lower system costs. It supports high energy-efficiency standards and reduces power losses by 50% compared to existing solutions. The DRV7308 is displayed at the PCIM Conference in Nuremberg, Germany, from June 11-13, 2024. Available for purchase on TI.com, the module costs $5.50 in 1,000-unit quantities and is packaged in a 12mm-by-12mm QFN package.