Welcome to our dedicated page for Texas Instruments Incorporated news (Ticker: TXN), a resource for investors and traders seeking the latest updates and insights on Texas Instruments Incorporated stock.
Texas Instruments Incorporated (TI) is a preeminent American technology company headquartered in Dallas, Texas. TI specializes in the design and manufacture of semiconductors and various integrated circuits, catering to electronics designers and manufacturers worldwide. With over 95% of its revenue derived from semiconductors, TI stands as the world's largest producer of analog chips, which are essential in processing real-world signals such as sound and power. Additionally, Texas Instruments boasts significant market share in processors and microcontrollers, pivotal to a myriad of electronics applications spanning industrial, automotive, personal electronics, communications equipment, and enterprise systems.
Recent company highlights include notable financial performance and strategic advancements. In the third quarter of 2023, TI reported revenue of $4.53 billion, net income of $1.71 billion, and earnings per share of $1.85, exceeding original projections. The company also announced the expansion of its low-power gallium nitride (GaN) portfolio, aimed at enhancing power density, maximizing system efficiency, and reducing the size of AC/DC consumer power electronics and industrial systems.
In the automotive sector, TI introduced the AWR2544 77GHz millimeter-wave radar sensor chip, designed to elevate autonomous vehicle sensor fusion and decision-making in advanced driver assistance systems (ADAS). Alongside this, the company unveiled the DRV3946-Q1 and DRV3901-Q1 driver chips, which offer built-in diagnostics and support functional safety for battery management and powertrain systems.
Maintaining a long-term commitment to innovation and sustainability, Texas Instruments continually invests in manufacturing capacity. The company aims to manufacture over 90% of its products internally by 2030, ensuring dependable supply chain resilience. Recent financial disclosures include a quarterly cash dividend of $1.30 per share, reflecting TI’s robust financial health and commitment to returning value to shareholders.
As an industry leader, Texas Instruments' dedication to creating a better world through affordable electronics is evident through its consistent innovation in semiconductor technology. The company's progress is encapsulated in its motto, 'Engineering Progress,' a testament to decades of groundbreaking advancements that continue to make technology smaller, more efficient, and more reliable. For more information, visit TI.com.
Texas Instruments (TXN) has expanded its automotive offerings with the launch of the AWR2944 radar sensor, aimed at enhancing advanced driver assistance systems (ADAS). This sensor enables quicker object detection and improved blind spot monitoring, crucial for vehicle safety. Measuring approximately 30% smaller than its predecessors, the AWR2944 provides a 33% boost in resolution and can detect obstacles up to 40% farther away. TI's innovations align with new safety regulations, positioning the company as a key player in the evolution of autonomous driving technology.
Texas Instruments (Nasdaq: TXN) has appointed Haviv Ilan to its board of directors, effective December 6, 2021. Mr. Ilan, currently the executive vice president and COO of TI, brings valuable experience in managing large global organizations. He joined TI in 1999 and has held the COO position since 2020. The board's leadership believes his strong business acumen and strategic mindset will enhance decision-making. Texas Instruments is a leading semiconductor company focused on designing and manufacturing analog and embedded processing chips across various markets.
Texas Instruments (TXN) has launched the ADS127L11, the smallest 24-bit wideband analog-to-digital converter (ADC) that provides top-notch signal-measurement precision. This new ADC is 50% smaller than its nearest competitors and optimizes power consumption, resolution, and measurement bandwidth. It features a wideband mode with data rates up to 400 kSPS and a 30% higher signal-to-noise ratio. The device consumes only 3.3 mW at 50 kSPS, enhancing battery life for portable medical devices. Pricing starts at US$5.75 for 1,000-unit orders.
Texas Instruments (Nasdaq: TXN) CFO Rafael Lizardi will present at the Credit Suisse 25th Annual Technology Conference on Nov. 30, 2021, at 9:30 a.m. Mountain time in Scottsdale, Arizona. He will discuss the company’s business outlook, strategies for analog and embedded processing technologies, and engage with analysts and investors. The presentation will be available as a live audio webcast through the Investor Relations section of TI's website, with an archived replay accessible afterward.
Texas Instruments (TXN) announced plans to construct new 300-mm semiconductor wafer fabrication plants in Sherman, Texas, starting in 2022. With a potential investment of up to $30 billion, the site could support 3,000 jobs over time. The first two fabs are set to begin construction next year, with production expected in 2025. These new facilities will enhance TI’s manufacturing capabilities and address increasing demand in the industrial and automotive sectors. This initiative underscores TI’s 90-year commitment to North Texas and aims to solidify its competitive advantage in the semiconductor market.
Texas Instruments (Nasdaq: TXN) has launched the TPS61094 bidirectional buck/boost converter, featuring an ultra-low quiescent current (IQ) of 60 nA, significantly lower than competitors. This product enhances battery life by up to 20%, making it ideal for applications like smart meters and medical devices. Key advantages include a 2-A inductor current limit, enabling support for radio standards and reducing component count by 50%. The TPS61094 is priced at US$1.20 in 1,000-unit quantities and is now available for purchase.
Texas Instruments (TXN) reported Q3 2021 revenue of $4.64 billion, a 22% increase year-over-year, with net income at $1.95 billion and earnings per share of $2.07. Strong demand in industrial, automotive, and personal electronics fueled growth, with analog revenue up 24% and embedded processing 13%. Cash flow from operations reached $8.5 billion over the trailing 12 months, with free cash flow at $7.1 billion. The company returned $4.2 billion to shareholders, increasing dividends by 13%.
For Q4, TI expects revenue between $4.22 billion and $4.58 billion.
Texas Instruments has successfully closed a previously announced
The board of Texas Instruments (Nasdaq: TXN) has declared a quarterly cash dividend of $1.15 per share. This dividend is payable on November 15, 2021, to shareholders on record as of November 1, 2021. Texas Instruments continues to advance in the semiconductor industry, focusing on providing affordable electronics through innovative analog and embedded processing chips.
Texas Instruments (TXN) has launched the TMAG5170, the industry's most accurate 3D Hall-effect position sensor, which achieves ultra-high precision with a 2.6% total error and speeds of up to 20 kSPS. The sensor uses at least 70% less power than its competitors and integrates advanced diagnostics for improved design flexibility and system safety. Available now starting at US$1.139 in bulk, the TMAG5170 aims to enhance automation in industries by simplifying system design and maximizing performance.
FAQ
What is the current stock price of Texas Instruments Incorporated (TXN)?
What is the market cap of Texas Instruments Incorporated (TXN)?
What does Texas Instruments specialize in?
Where is Texas Instruments headquartered?
What percentage of TI's revenue comes from semiconductors?
What are some recent achievements of Texas Instruments?
What notable products has Texas Instruments introduced in the automotive sector?
What is Texas Instruments' long-term manufacturing strategy?
How does Texas Instruments return value to its shareholders?
What is Texas Instruments' motto?
How long has Texas Instruments been in operation?
Where can I find more information about Texas Instruments?
