New York, Feb 3, 2026, 12:18 EST — Regular session
- By midday, Texas Instruments shares had climbed about 0.6%, holding near their recent peak levels
- Shares inch higher as the semiconductor ETF falls roughly 2%
- All eyes are on the Feb. 24 webcast covering capital management and demand signals for the March quarter
Texas Instruments Incorporated shares edged up 0.6% to $226.33 by midday Tuesday, after hitting a peak of $228.75 earlier. The rise stood out amid a retreat in chip stocks, as the iShares Semiconductor ETF slid about 2%.
Shares are holding close to Monday’s 4.4% jump that sent the stock to a 52-week peak of $225.01 on heavy volume, per market data. Investors often treat the company as a key indicator for the analog chip cycle — those power and signal chips inside factory gear, vehicles, and data-center equipment. (MarketWatch)
Last week, the company forecasted March-quarter revenue between $4.32 billion and $4.68 billion, with earnings per share of $1.22 to $1.48—both numbers ahead of analyst estimates. Demand for its power-management and signal-conversion chips soared, driven by AI data-center expansions. CEO Haviv Ilan revealed plans to report data-center sales separately after that segment jumped 70% in the December quarter. Stifel’s Tore Svanberg said the inventory correction in analog chips is “essentially complete,” while Summit Insights’ Kinngai Chan pointed to early signs of a rebound in industrial demand. (Reuters)
In this environment, Texas Instruments outperformed many chipmakers Tuesday, with investors leaning toward firms tied to general spending rather than the AI darlings dominating the sector.
The recent rally has sparked fresh debate over spending. Analysts warn that heavy capital expenditure—investments in plants and equipment—could drag down returns if demand weakens, especially since the company still depends on smartphones and PCs. Morgan Stanley says a supply crunch is unlikely given the low factory utilization globally, but geopolitical risks and potential tariffs remain uncertain factors. Louise Dudley at Federated Hermes pointed out that “conditions are improving” across the supply chain. (Reuters)
Texas Instruments plans a capital management review webcast on Feb. 24 at 10 a.m. Central time. CFO Rafael Lizardi, Ilan, and investor relations head Mike Beckman will outline their approach to free cash flow per share — the cash left after expenses and investments — and assess how 2025 is shaping up against their capital targets. (Texas Instruments)
Texas Instruments declared a quarterly dividend of $1.42 per share, payable on Feb. 10 to shareholders of record as of Jan. 30. (Texas Instruments)
Traders are watching closely to see if the stock holds its gains amid a slumping chip sector, while also digging into March quarter order trends for any hints of a factory rebound.
The Feb. 24 webcast is the next key event, drawing investor attention for clues on capital spending and updates on how durable the data-center lift remains amid shaky consumer electronics demand.
