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Texas Instruments Inc. (TXN)

  • Oct. 22, 2012, 7:57 AM
    Texas Instruments (TXN) is scheduled to release its Q3 earnings later, when it is expected to report that EPS fell to $0.46 from $0.61 while revenue slipped 3.7% to $3.34B. Some analysts are concerned about macro weakness and that competition from tablets and smartphones will hurt TI's computing market, although the majority believe that the company's analog and embedded operations will continue to drive growth.
    | Oct. 22, 2012, 7:57 AM | Comment!
  • Oct. 22, 2012, 12:10 AM
    Notable earnings after Monday’s close: CE, CNI, DHT, HMA, SCCO, SWFT, TXN, VECO, WDC, YHOO, ZION
    | Oct. 22, 2012, 12:10 AM | Comment!
  • Oct. 21, 2012, 5:35 PM
    Notable earnings after Monday’s close: CE, CNI, DHT, HMA, SCCO, SWFT, TXN, VECO, WDC, YHOO, ZION
    | Oct. 21, 2012, 5:35 PM | Comment!
  • Oct. 18, 2012, 5:07 PM
    Texas Instruments (TXN) declares $0.21/share quarterly dividend, in line with previous. Forward yield 2.92%. For shareholders of record Oct 31. Payable Nov 19. Ex-div date Oct 29. (PR)
    | Oct. 18, 2012, 5:07 PM | Comment!
  • Oct. 15, 2012, 9:10 AM
    Texas Instruments (TXN) +2.3% following a report it's in talks to sell its OMAP app processor business to Amazon. Such a deal would be a blow to Nvidia (NVDA), which has been seen as a beneficiary of TI's decision to retreat from the app processor market, and was once (inaccurately) rumored to have scored a design win for the second-gen Kindle Fire. But a TI/Amazon deal could clear the way for Nvidia's Tegra processor to be designed into future Barnes & Noble Nooks.
    | Oct. 15, 2012, 9:10 AM | 3 Comments
  • Oct. 15, 2012, 4:05 AM
    Amazon (AMZN) is in negotiations to acquire TI's (TXN) cellular-chip operations in a deal that would be worth billions of dollars, the Calcalist Israeli newspaper reports. TI, whose chips are used in Kindle devices and Barnes & Nobles' (BKS) Nooks, has already said it won't invest in supporting its customers' plans for smartphones and tablets to the same extent as previously.
    | Oct. 15, 2012, 4:05 AM | 9 Comments
  • Oct. 8, 2012, 12:59 PM
    ISI's Sumit Dhanda downgrades his rating for the chip industry to Neutral, while also downgrading analog chipmakers Texas Instruments (TXN -0.5%), Linear Tech (LLTC -0.7%), Analog Devices (ADI -0.7%), Power Integrations (POWI -3.5%), and Intersil (ISIL -7.3%) in particular.  Dhanda, whose move follows a selloff in chip stocks thanks to negative data (I, II), thinks macro issues could lead industry sales to fall 2% in 2013. JPMorgan has also downgraded Intersil, citing PC weakness, share loss, and a possible dividend cut. (previous)
    | Oct. 8, 2012, 12:59 PM | Comment!
  • Sep. 26, 2012, 1:41 PM
    Oppenheimer isn't happy with Texas Instruments' (TXN -1.5%) plans to de-emphasize its mobile app processor business, and predicts it will create revenue headwinds for TI's wireless business (~10% of sales) similar to what the chipmaker has seen from its gradual exit from the baseband chip market (ed: that business' decline was accelerated by Nokia's freefall). Both Oppenheimer and Avian are downgrading TI to neutral following the move.
    | Sep. 26, 2012, 1:41 PM | Comment!
  • Sep. 26, 2012, 10:45 AM
    Texas Instruments (TXN) is lowering its investments in its OMAP mobile app processor line, and will instead focus on growing OMAP sales for embedded applications such as cars and industrial gear. Though OMAP chips power Amazon and Barnes & Noble's tablets, smartphone competition from Qualcomm (QCOM) and Nvidia (NVDA) has been fierce, and TI recently claimed Apple and Samsung's heavy reliance on their own app processors made the market "less attractive."
    | Sep. 26, 2012, 10:45 AM | 5 Comments
  • Sep. 20, 2012, 5:04 PM
    Texas Instruments (TXN) is hiking its quarterly dividend to $0.21/share from a prior $0.17/share. The company now sports an annual yield of 2.9%. TI claims its hike is the result of improved operating cash flow (attributed to a stronger reliance on analog/embedded processing sales) and lower capex needs (the result of purchasing capacity on the cheap). (PR)
    | Sep. 20, 2012, 5:04 PM | Comment!
  • Sep. 18, 2012, 10:00 AM
    RBC's Doug Freedman has downgraded the chip sector to Market Weight from Overweight, citing inventory issues, poor PC and telecom equipment demand, and a softening Chinese market. "The current cycle is unique in that semis have contracted three quarters only to exhibit one-quarter of recovery," says Freedman. INTC, ADI, TXN, and NVDA are receiving downgrades, though BRCM is getting an upgrade on expectations of rising chip content within the platforms it's a supplier for.
    | Sep. 18, 2012, 10:00 AM | 4 Comments
  • Sep. 17, 2012, 10:37 AM
    Broadcom (BRCM) is supplying a Bluetooth/GPS/FM radio combo chip for the 7" Kindle Fire HD (AMZN), according to iFixit's teardown. That's a victory over Texas Instruments (TXN), which provided a combo chip for the original Fire. But TI can't complain too much: the company is still supplying a Wi-Fi chip and multiple power management ICs, to go with its previously-announced OMAP 4460 app processor. InvenSense (INVN) is shipping a motion sensor. (previous) (Fire HD reviews)
    | Sep. 17, 2012, 10:37 AM | 1 Comment
  • Sep. 11, 2012, 6:08 PM
    Texas Instruments (TXN) gives back the AH gains it saw from its mid-quarter update after making cautious CC comments. The company says it expects orders to be down Q/Q in Q3 (a seasonally strong quarter), and is seeing "notable weakness" from the PC market. Also, TI claims the mobile processor market has become "less attractive" thanks to the dominance of Apple and Samsung, who rely heavily on their own processors - tough competition from Qualcomm, Nvidia, and now Intel might also be discouraging TI.
    | Sep. 11, 2012, 6:08 PM | 3 Comments
  • Sep. 11, 2012, 4:46 PM
    Texas Instruments (TXN) +1.4% AH after providing its mid-quarter update. The chipmaker has narrowed its Q3 revenue guidance range to $3.27B-$3.41B from a prior $3.21B-$3.47B, and is now forecasting EPS of $0.38-$0.42, at the high end of a prior guidance range of $0.34-$0.42. The consensus stands at $3.34B and $0.38 after taking restructuring charges into account. A CC starts at 5PM ET (webcast).
    | Sep. 11, 2012, 4:46 PM | Comment!
  • Sep. 6, 2012, 2:24 PM
    Amazon (AMZN) announces a new 7" Kindle Fire. It will sell for just $159 (ed: the hardware losses continue), undercutting Google's Nexus 7 and almost certainly the iPad Mini. The new 7" Fire will feature more horsepower and better battery life than the original. Also announced is the Kindle Fire HD, an 8.9" device featuring a 1920x1200 display and Dolby (DLB) audio support; no pricing details yet. Amazon is sticking with TXN as its processor supplier, some were speculating NVDA would be tapped. (live blog) (more)
    | Sep. 6, 2012, 2:24 PM | 14 Comments
  • Aug. 23, 2012, 1:51 PM
    Motorola Mobility's (GOOG) next flagship phone will be called the Droid M and be sold by Verizon Wireless (VZ, VOD) for a subsidized $150, BGR reports. The phone, expected to be unveiled at a Sep. 5 event, is rumored to feature a Qualcomm (QCOM) Snapdragon processor - its predecessor, the Droid RAZR, runs on a Texas Instruments (TXN) OMAP processor. The Droid M will face stiff competition from Samsung's blockbuster Galaxy S III, not to mention the next iPhone. (more on Qualcomm: I, II).
    | Aug. 23, 2012, 1:51 PM | 1 Comment
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Company Description
Texas Instruments Inc designs and makes semiconductors that it sells to electronics designers and manufacturers. It has two segments: Analog and Embedded Processing.