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TXN - Texas Instruments Inc.

Company Overview

Semiconductor company designing and manufacturing chips for computing and communications.

Key Characteristics

Employees
15,000
Founded
1985
Revenue (TTM)
$8.0B
Revenue (Prior Year)
$6.0B
R&D Spend (TTM)
$1.5B
R&D Spend (Prior Year)
$1.3B

Products & Services

Texas Instruments Inc. Core Product

Primary product/service offering from Texas Instruments Inc..

Pricing Model
Contact for pricing
Marketing Approach
Main offering from Texas Instruments Inc.

Customer Segments

Direct Customers
  • Businesses
  • Enterprises
Indirect/End Customers
  • End users
Problems Solved / Use Cases
  • Business operations
  • Digital transformation

Geographic Presence

Headquarters
United States
Operating Regions (3)
United StatesEuropeAsia-Pacific
Revenue by Region
Europe25%
Asia-Pacific15%
North America60%

SEC Filing Analyses (8)

10-Q

Q2 2024

Positive
Jul 24, 2024

Texas Instruments' Revenue Declines 16% as Semiconductor Demand Softens Significantly

TI reported Q2 2024 revenue of $3.82B, down 16% YoY, reflecting broader semiconductor industry weakness. Operating profit declined 37% to $1.25B as margins compressed due to lower factory utilization....

10-Q

Q1 2024

Positive
Apr 24, 2024

Texas Instruments Revenue Drops 16% as Semiconductor Downturn Persists Despite Margin Resilience

TI reported Q1 revenue of $3.66B, down 16.4% YoY, reflecting continued semiconductor industry weakness. Gross margins compressed to 57.2% from 65.4% YoY, though remained resilient given the revenue de...

10-K

FY 2024

Neutral
Feb 2, 2024

TI's Global Exposure and China Dependency Create Complex Risk Landscape for 2024

Texas Instruments faces heightened operational complexity with 65% of revenue from non-US customers and 20% specifically from China. Geopolitical tensions and trade restrictions pose material risks to...

10-Q

Q2 2023

Positive
Jul 26, 2023

TI's Revenue Drops 13% as Inventory Correction Continues, but R&D Investment Accelerates

Texas Instruments reported significant revenue decline of 13% YoY to $4.53B in Q2 2023, reflecting ongoing inventory corrections across end markets. Despite top-line pressure, the company increased R&...

10-Q

Q1 2023

Positive
Apr 26, 2023

Texas Instruments' Revenue Declines 10.7% as Semiconductor Demand Softens

TI reported Q1 2023 revenue of $4.38B, down 10.7% YoY, reflecting broader semiconductor industry slowdown. Gross margins compressed 480bps to 65.4% while operating margins declined to 44.2%. Despite h...

10-K

FY 2023

Neutral
Feb 3, 2023

TI's China Exposure and Global Supply Chain Risks Pose Growing Strategic Challenges

Texas Instruments faces heightened risks from its significant China exposure, with 25% of revenue from Chinese headquarters customers and 90% of shipments going internationally. The company's global m...

10-Q

Q3 2022

Positive
Oct 26, 2022

Texas Instruments Posts Strong Q3 Growth Despite Macro Headwinds, Expands Margins

TI delivered impressive Q3 results with revenue growing 12.9% YoY to $5.24B and operating margin expanding to 51.1%. Gross margin improved 130bps YoY to 69.0% despite inflationary pressures, driven by...

10-Q

Q2 2022

Positive
Jul 27, 2022

TI Shows Resilient Growth with 13.8% Revenue Jump Despite Supply Chain Pressures

Texas Instruments delivered strong Q2 2022 results with revenue growing 13.8% YoY to $5.21B, demonstrating resilience in semiconductor demand. Gross margins expanded 180bps YoY to 69.6% despite inflat...