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) announced the launch of its new Sitara AM2x microcontroller (MCU) portfolio, designed to significantly enhance real-time control and networking capabilities for various applications. The AM243x MCUs in this lineup promise up to 10 times the performance of traditional flash-based MCUs, featuring processing speeds of up to 800 MHz with a power consumption of less than 1 W. This innovation supports advanced industrial automation, robotics, and automotive systems. The MCUs are available for preproduction with pricing starting at $6.05 per unit and are complemented by a development kit priced at $89.
Texas Instruments (Nasdaq: TXN) will host a webcast for its Q2 2021 earnings call on July 21, 2021, at 3:30 p.m. CT. CFO Rafael Lizardi and VP of Investor Relations Dave Pahl will present the financial results and respond to investor inquiries. The event will be accessible via the Investor Relations section of the company's website, with an archived version available post-call.
Texas Instruments specializes in analog and embedded processing chips for diverse markets, including automotive and industrial sectors.
Texas Instruments (TXN) announced an agreement to acquire Micron Technology's 300-mm semiconductor fab in Lehi, Utah, for $900 million. This strategic move adds a fourth fab to TI's manufacturing capacity, enhancing its competitive edge in analog and embedded processing. The Lehi facility will produce 65-nm and 45-nm chips and could scale to additional nodes as needed. Underutilization costs of about $75 million per quarter are anticipated in 2022, with first revenue projected for early 2023. The acquisition is aimed at bolstering TI's long-term capacity planning and control over its supply chain.
Texas Instruments (TXN) launched the HDC3020 and HDC3020-Q1 humidity sensors, touted for their high reliability, accuracy, and low power consumption. These sensors feature integrated drift correction technology, achieving less than 0.21% RH accuracy drift per year. They maintain ±1.5% RH accuracy across a wide range of 1.62 V to 5.5 V. The devices support energy-efficient operations, crucial for battery-operated systems. Priced at $1.65 in 1,000-unit quantities, they are available exclusively on TI.com. These advancements aim to enhance industrial and automotive applications while addressing moisture issues.
Texas Instruments (Nasdaq: TXN) has expanded its high-speed data converter portfolio with the ADC3660 family of SAR analog-to-digital converters (ADCs), designed for industrial applications. This new series offers resolutions of 14, 16, and 18 bits, with sampling speeds between 10 to 125 MSPS. Key features include up to 80% lower latency, enhanced noise performance, and lower power consumption, making them ideal for real-time control in industrial systems. Products are available now, with prices starting at $14.50 for the ADC3541. Evaluation modules are priced at $249.
Texas Instruments (Nasdaq: TXN) CEO Rich Templeton will present at the Bernstein 37th Annual Strategic Decisions Conference on June 2 at 10 a.m. Eastern time. He will discuss TI's business outlook and strategic initiatives in analog and embedded processing technologies. Analysts and investors can access the live audio webcast via TI's Investor Relations page, with an archived replay available afterwards. Texas Instruments designs and manufactures semiconductor solutions across multiple sectors, aiming to make electronics more affordable and efficient.
Texas Instruments reported Q1 2021 revenue of $4.29 billion, a 29% increase from the previous year, driven by strong demand in industrial and automotive sectors. Net income reached $1.75 billion, with earnings per share at $1.87, including a 2-cent benefit. The company generated $7.1 billion in cash flow from operations over the past year, returning $4.5 billion to shareholders through dividends and stock buybacks. Q2 2021 revenue outlook is set between $4.13 billion and $4.47 billion.
The board of directors of Texas Instruments (Nasdaq: TXN) declared a $1.02 quarterly cash dividend per share, payable on May 17, 2021, to stockholders on record by May 3, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders. Texas Instruments is a leading semiconductor company focused on designing and manufacturing analog and embedded processing chips for various markets, including industrial and automotive sectors.
Texas Instruments (Nasdaq: TXN) has launched the LM25149-Q1 and LM25149 synchronous DC/DC buck controllers, which integrate active EMI filtering technology. This innovation allows engineers to reduce the area of external EMI filters by up to 50% and lower conducted EMI by as much as 55 dBµV. Designed for applications like ADAS and aerospace, these controllers also optimize power density and reduce costs by integrating components like the bootstrap diode and output-voltage feedback. Pricing starts at $1.42 and $1.20 for the LM25149-Q1 and LM25149, respectively, with availability expected in Q4 2021.
Texas Instruments (TXN) will host a webcast for its Q1 2021 earnings conference call on April 27, 2021, at 3:30 p.m. Central time. Senior VP and CFO Rafael Lizardi, along with VP Dave Pahl, will present financial results and address investor questions. The audio webcast will be available on the Investor Relations section of their website, with an archived copy accessible post-call. Texas Instruments designs and manufactures semiconductor chips for various markets, emphasizing innovation and efficiency in electronics.
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?
