Also Texas Instruments $TXN (-1,52%)
(NASDAQ: TXN) reported its financial results for the second quarter of 2026 —and significantly exceeded Wall Street’s expectations.
🚀 Key figures at a glance
Total revenue:
$5.46 billion
(+23% year-over-year; +13% quarter-over-quarter)
Analysts’ expectations: ~$5.24 billion 🟢
Earnings per share (EPS):
$2.14
(+52% YoY vs. $1.41 in the same quarter last year)
Analysts' expectations: ~$1.91 to $1.94 🟢
Operating profit:
$2.31 billion
(an increase of +48% YoY)
📊 Performance of the core divisions
1. Analog Division (Analog Chips):
Revenue:
$4.37 billion (+26% YoY).
Significance: The absolute core of the Group benefited from a broad recovery in demand across the industrial, data center, and automotive segments.
2. Embedded Processing (Embedded Systems):
Revenue:
$788 million (+16% YoY).
🔮 Strong outlook for Q3 2026 (guidance)
Management is extremely confident about the rest of the year and is optimistic:
Q3 revenue forecast:
$5.65 to $6.15 billion
(consensus was only about 5.50 to 5.62 billion USD).
Q3 EPS Forecast:
$2.23 to $2.57
(Consensus was approximately $2.11).
⚡ Jack’s take
The chip cycle has turned 🟢!
After an extended period of inventory drawdown among industrial customers, Texas Instruments is sending a clear signal: Demand is picking up across the board. The beat on revenue and earnings, combined with the strong outlook, signals to the semiconductor industry that the cyclical trough has finally been left behind.