Texas Instruments (TXN)
Information Technology · Analog and embedded processing semiconductors
Texas Instruments is the world's leading analog and embedded processing semiconductor company, owning its manufacturing to deliver low-cost, supply-chain-resilient chips for industrial, automotive, and communications markets.
What Texas Instruments does
Texas Instruments designs and manufactures semiconductors—analog and embedded processing chips—that are sold to electronics designers and manufacturers globally. The company owns and operates wafer fabrication, assembly, and test facilities across North America, Asia, Japan, and Europe, giving it manufacturing cost advantages and supply-chain control. TI's portfolio includes more than 80,000 products used in industrial equipment, automotive systems, data centers, personal electronics, and communications equipment. The company's strategy centers on maximizing long-term free cash flow per share growth through its four competitive advantages: strong manufacturing technology, broad product portfolio, extensive market channels, and diverse customer and product longevity.
Themes: ["analog semiconductors","automotive electronics","industrial semiconductors","data center infrastructure","manufacturing vertical integration","supply chain resilience","embedded systems","power management","communications equipment"]
Fundamentals
- Price$301.32 as of 2026-07-08 close
- Market cap$270.8B as of 2026-07-09
- 1-year return+39.1% as of 2026-07-08 close
- P/E50.46 as of 2026-07-09
- Net margin+29.1% as of 2026-07-09
- Gross margin+57.3% as of 2026-07-09
- ROE+32.5% as of 2026-07-09
- Debt / equity0.84 as of 2026-07-09
- Revenue growth (YoY)+14.9% as of 2026-07-09
- Revenue CAGR (3y)-4.1% SEC XBRL
- Beta1.33 as of 2026-07-09
Dividend: yield +1.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to semiconductor cyclicality—periods of tight supply followed by inventory surplus tied to demand swings and manufacturing capacity cycles","Dependence on sustained demand from industrial, automotive, and data center markets, which can experience economic downturns","Capital intensity of owning and operating global wafer fabs and assembly/test facilities, requiring disciplined allocation of the elevated capex cycle"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.