Texas Instruments projects Q4 revenue above forecasts, signaling chip demand rebound

Texas Instruments, a leading analog and embedded-chip supplier, projected fourth-quarter revenue of $5.80 billion to $6.30 billion, exceeding the consensus estimate of $5.73 billion compiled by LSEG. The company also guided earnings of $2.45-$2.79 per share for the period. Management said the forecast reflects a revival in industrial chip demand and accelerating sales of its AI data-center chips, distinguishing it from rivals such as Nvidia.

In the third quarter, TI reported a 28 % year-over-year revenue increase to $6.06 billion and a 77 % rise in profit to $2.62 per share. CEO Haviv Ilan pointed to $9.9 billion of operating cash flow over the trailing twelve months, crediting the strength of its product portfolio and the advantage of 300 mm wafer production. The company is viewed as a bellwether for the broader semiconductor sector, with its components used in smartphones, laptops, automobiles and factory equipment.