Texas Instruments stock jumps on AI data-center outlook — here’s what’s driving TXN now
Texas Instruments shares rose 6.7% to $209.89 after first-quarter guidance topped estimates and the company reported a 70% jump in data-center revenue. TI posted fourth-quarter revenue of $4.42 billion and net income of $1.16 billion. The company plans to detail data-center sales separately. Investors remain wary of high capital spending and weak consumer electronics demand.