New York, Feb 3, 2026, 12:18 EST — Regular session
- Shares of Texas Instruments rose roughly 0.6% by midday, maintaining their position close to recent highs
- Stock gains ground while the semiconductor ETF drops about 2%
- Attention now shifts to the Feb. 24 webcast on capital management and demand indicators for the March quarter
Shares of Texas Instruments Incorporated ticked up 0.6% to $226.33 by midday Tuesday, after reaching a high of $228.75 earlier. This gain stood out as chip stocks pulled back, with the iShares Semiconductor ETF dropping roughly 2%.
The shares remain near Monday’s 4.4% surge, which pushed the stock to a 52-week high of $225.01 on heavy volume, according to market data. Investors often view the company as a barometer for the analog chip cycle — those power and signal chips embedded in factory equipment, vehicles, and data-center gear. (MarketWatch)
Last week, the company projected March-quarter revenue between $4.32 billion and $4.68 billion, with profit per share ranging from $1.22 to $1.48—both figures beating analyst expectations. Demand for its power-management and signal-conversion chips surged thanks to AI data-center buildouts. CEO Haviv Ilan announced plans to break out data-center sales separately after that segment grew 70% in the December quarter. Stifel’s Tore Svanberg said the inventory correction in analog chips is “essentially complete,” while Summit Insights’ Kinngai Chan noted early signs of an industrial rebound. (Reuters)
Against this backdrop, Texas Instruments held up better than many peers in the chip sector on Tuesday, as investors favored companies linked to broad-based spending instead of the heavily favored AI stocks.
The rally has reignited debate over spending. Analysts caution that heavy capital expenditure — cash poured into plants and equipment — could hurt returns if demand slips, especially since the company still relies on smartphones and PCs. Morgan Stanley argues a supply crunch is unlikely given low factory utilization worldwide, though geopolitical risks and possible tariffs remain wildcards. Louise Dudley at Federated Hermes noted “conditions are improving” throughout the supply chain. (Reuters)
Texas Instruments announced it will hold a capital management review webcast on Feb. 24 at 10 a.m. Central time. CFO Rafael Lizardi, along with Ilan and investor relations head Mike Beckman, will discuss their strategy for free cash flow per share — the cash remaining after expenses and investments — and evaluate 2025 performance versus capital goals. (Texas Instruments)
Texas Instruments announced a quarterly dividend of $1.42 per share, set to be paid on Feb. 10 following the Jan. 30 record date. (Texas Instruments)
Traders are currently focused on whether the stock can maintain its gains as the chip sector weakens and if order trends during the March quarter reveal any signs of a factory rebound.
The Feb. 24 webcast stands out as the next major trigger, with investors focused on capital spending hints and fresh insights into how resilient the data-center boost is amid volatile consumer electronics demand.
