As Texas Instruments builds out during downturn, analysts await details on capital spending

United States News News

As Texas Instruments builds out during downturn, analysts await details on capital spending
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

See you next Thursday: Texas Instruments analysts await capital-spending details as chip maker builds out during downturn.

Semiconductor analysts by and large are going to have to wait another week for more details on Texas Instruments Inc.’s decision to stay the course with a long-term capacity buildout as the chip sector continues to search for a true bottom.

That feeling of wait and see extended to Wall Street, as analysts opined about the strategy that’s known so far. “We believe investors need visibility into when revenue can re-accelerate,” Buchalter said, along with visibility into “the mechanics and magnitude of That said, Rasgon feels it’s difficult to argue for more upside on the stock at this point and held on to his $145 price target and market-perform rating.Evercore ISI analyst C.J. Muse, who has an in-line rating and a price target of $190, said that with a March-quarter outlook below expectations, worse-than-expected gross margins and the lack of a tangible bottom to the market, he puts a floor of $160 to $165 on the stock, with “weakness mostly priced in.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As Texas Instruments predicted, auto-chip sales are the only bright spot, and shares are calmAs Texas Instruments predicted, auto-chip sales are the only bright spot, and shares are calmTexas Instruments Inc. shares were relatively placid in the extended session Tuesday after the analog chip maker topped low expectations
Read more »

Stocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & moreStocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & moreSee which stocks are posting big moves after the bell.
Read more »

Texas Instruments' forecasts miss estimates in sign of wider demand slumpTexas Instruments' forecasts miss estimates in sign of wider demand slumpChipmaker Texas Instruments (TI) forecast first-quarter revenue and profit below Wall Street targets on Tuesday as a wider economic downturn threatens to shake demand even in end-markets that were resilient last year.
Read more »

Texas Instruments signals expanding pain for chipmakers with somber forecastTexas Instruments signals expanding pain for chipmakers with somber forecastTexas Instruments forecast first-quarter revenue and profit largely below Wall Street targets on Tuesday, as an economic downturn threatens to shackle demand from the chipmaker's so far resilient markets.
Read more »

Chipmaker Texas Instruments sees sales decline for first time since 2020Chipmaker Texas Instruments sees sales decline for first time since 2020Texas Instruments has the longest list of customers and broadest range of products in the $580 billion industry, making its predictions an indicator of demand...
Read more »

Film tragedy sparks bill for firearm safety on Texas film and TV setsFilm tragedy sparks bill for firearm safety on Texas film and TV setsRep. Sheryl Cole has filed House Bill 1471, which would require any film or television project that accepts state incentive funds to require anyone handing a gun to complete the state’s Hunter Education course.
Read more »



Render Time: 2025-02-11 07:48:32