Texas Instruments Incorporated (TXN)
NASDAQ · Technology · analysed October 12, 2026
Founded in 1930 and renamed Texas Instruments in 1951, Texas Instruments Incorporated is a global semiconductor manufacturer specializing in analog and embedded processing chips. The company's current strategic focus is expanding its internal 300mm wafer manufacturing footprint through multi-billion-dollar investments in state-of-the-art semiconductor fabrication facilities across Texas and Utah. These initiatives are designed to give the company greater supply chain control while meeting long-term demand in key growth sectors such as automotive, industrial automation, and data center electronics.
Executive summary
Texas Instruments maintains an exceptional competitive position in analog semiconductors, supported by an estimated 17% to 19% global market share and an internal 300mm wafer fabrication cost advantage of roughly 40% per unpackaged chip over rivals11,13,15. Demand across its primary industrial and data center markets is undergoing a sharp cyclical rebound, with consensus projecting FY2026 revenue and earnings to surge by 23.79% and 51.88% respectively1,4. However, following an 81.5% rally over the past twelve months, the stock trades at 43.10x trailing earnings and 30.13x forward earnings, indicating that the market has already factored in a substantial portion of the cyclical recovery and the upcoming capital expenditure harvesting cycle1,4.
Sources cited here, 5 of 22
- 1stockanalysis.com
- 4stockanalysis.com
- 11bestanchorstocks.com
- 13precedenceresearch.com
- 15wordpress.com
Key figures
- Market cap
- $259.1B
- P/E, trailing
- 43.1
- P/E, next 12 months
- 30.1
- Revenue growth, last fiscal year
- 13.0%
- Net margin, last fiscal year
- 28.2%
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