PR Newswire
DALLAS, Nov. 13, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the UBS Global Technology and AI Conference in Scottsdale, Arizona, on Tuesday, Dec. 3, at 8:55 a.m. Mountain time. Ilan will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth.
State-of-the-art, fully-automated distribution center enables same-day delivery in Central Germany and next-day delivery to most of Europe
FRANKFURT, Germany, Nov. 12, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today announced the opening of its new, state-of-the-art product distribution center in Dreieich, Germany, outside of Frankfurt. This new distribution center includes 9,000 square meters of space and new automation features. The new center has the capacity to quickly ship up to 7,500 orders per day of a broad range of TI analog and embedded processing semiconductors across Europe.
Das hochmoderne, vollautomatisierte Vertriebszentrum ermöglicht Lieferung am selben Tag in West- und Mitteldeutschland und am nächsten Tag in ganz Europa
FRANKFURT, Deutschland, 12. November 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) gab heute die Eröffnung seines neuen hochmodernen Produktvertriebszentrums in Dreieich bei Frankfurt bekannt. Dieses neue Vertriebszentrum bietet eine Fläche von 9.000 Quadratmetern und neue Automatisierungsfunktionen. Der neue Hub verfügt über die Kapazität, um täglich bis zu 7.500 Bestellungen einer breiten Palette von analogen und eingebetteten TI-Prozessorhalbleitern in alle Teile Europas zu versenden.
News highlights:
The new TMS320F28P55x series of C2000™ MCUs with an integrated edge artificial intelligence (AI) hardware accelerator enables smarter real-time control, with up to 99% fault detection accuracy.The latest 64-bit C29 core in the new F29H85x series more than doubles the real-time control performance of existing generations and will have an integrity level up to Automotive Safety Integrity Level (ASIL) D and SIL 3.DALLAS, Nov. 11, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today introduced two new series of real-time microcontrollers that deliver advancements to help engineers achieve more intelligent and secure processing in automotive and industrial applications. TI's TMS320F28P55x series of C2000™ MCUs is the industry's first portfolio of real-time microcontrollers with an integrated neural processing unit (NPU), enabling fault detections with high accuracy and low latency. The F29H85x series is built on TI's new 64-bit C29 digital signal processor core and offers an advanced architecture with integrated safety and security features. TI will display both devices at electronica 2024, Nov. 12-15, in Munich, Germany.
NEWS HIGHLIGHTS:
TI adds GaN manufacturing in Japan, quadrupling its internal GaN manufacturing capacity between its factories in the United States and Japan.TI's GaN-based semiconductors are in production and available now.TI enables the most energy-efficient, reliable and power-dense end products with the widest portfolio of integrated GaN-based power semiconductors.TI has successfully piloted the development of GaN manufacturing on 300mm wafers.DALLAS and AIZU, Japan, Oct. 24, 2024 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today announced it has begun production of gallium nitride (GaN)-based power semiconductors at its factory in Aizu, Japan. Coupled with its existing GaN manufacturing in Dallas, Texas, TI will now internally manufacture four times more GaN-based power semiconductors, as Aizu ramps to production.
DALLAS, Oct. 22, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported third quarter revenue of $4.15 billion, net income of $1.36 billion and earnings per share of $1.47. Earnings per share included a 3-cent benefit for items that were not in the company's original guidance.
Regarding the company's performance and returns to shareholders, Haviv Ilan, TI's president and CEO, made the following comments:
"Revenue decreased 8% from the same quarter a year ago and increased 9% sequentially. Industrial continued to decline sequentially, while all other end markets grew."Our cash flow from operations of $6.2 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300mm production. Free cash flow for the same period was $1.5 billion."Over the past 12 months we invested $3.7 billion in R&D and SG&A, invested $4.8 billion in capital expenditures and returned $5.2 billion to owners."TI's fourth quarter outlook is for revenue in the range of $3.70 billion to $4.00 billion and earnings per share between $1.07 and $1.29. We continue to expect our fourth quarter effective tax rate to be about 13%."DALLAS, Oct. 17, 2024 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.36 per share of common stock, payable Nov. 12, 2024, to stockholders of record on Oct. 31, 2024.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.
DALLAS, Oct. 1, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its third quarter 2024 earnings conference call on Tuesday, Oct. 22, at 3:30 p.m. Central time. Haviv Ilan, president and chief executive officer, Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.
You can access the audio webcast on the Investor Relations section of the company's website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.
DALLAS, Sept. 19, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today said it will raise its quarterly cash dividend 5%, from $1.30 per share to $1.36, or $5.44 annualized. The higher dividend will be payable November 12, 2024, to stockholders of record on October 31, 2024, contingent upon formal declaration by the board of directors at its regular meeting in October.
The increase is consistent with TI's long-term objective for dividends by providing a sustainable and growing dividend and reflects the company's continued commitment to return all free cash flow to its owners over time. Today's announcement marks 21 consecutive years of dividend increases.
DALLAS, Aug. 26, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will speak at the Goldman Sachs 2024 Communacopia + Technology Conference in San Francisco on Tuesday, Sept. 10, at 10:10 a.m. Pacific time. Lizardi will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth.
DALLAS, Aug. 22, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the Citi 2024 Global TMT Conference in New York City on Thursday, Sept. 5, at 9:10 a.m. Eastern time. Ilan will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth.
WEST PALM BEACH, Fla., Aug. 20, 2024 /PRNewswire/ -- Elliott Investment Management L.P. (together with its affiliates "Elliott") today released the following statement attributed to Managing Partner Jesse Cohn and Partner Jason Genrich regarding Texas Instruments (NASDAQ: TXN) ("TI" or the "Company"):
We commend Texas Instruments on today's capital-allocation update, which re-affirms TI's long-standing commitment to shareholders that long-term growth of free cash flow per share is the Company's true north. During today's presentation, Texas Instruments presented a path to robust free cash flow generation across a range of revenue scenarios, including a path to $12 per share of free cash flow in 2026.
NEWS HIGHLIGHTS:
The U.S. Department of Commerce has proposed up to $1.6 billion for TI in direct funding through the CHIPS and Science Act to support three 300mm semiconductor wafer fabs under construction in Texas and Utah.TI expects to receive an estimated $6 billion to $8 billion from the U.S. Department of Treasury's Investment Tax Credit for qualified U.S. manufacturing investments.The company also expects to receive $10 million in proposed funding for workforce development, as it creates over 2,000 new TI jobs and thousands of indirect jobs for construction, suppliers and supporting industries.The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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