❯ Texas Instruments revenue rises 28% as industrial, automotive and data-center demand grow

Revenue and earnings recover togetherTexas Instruments reported third-quarter results on October 21. Revenue reached approximately $6.06 billion, up 28% year over year and 11% sequentially. Net income rose 78% to about $2.43 billion, or $2.62 per share. TI cited broad growth across industrial, automotive and data-center markets.

Servers need analog components tooTI primarily supplies analog and embedded-processing chips for power management, signal conversion and equipment control. Used in factories, vehicles and data centers, they do not perform most large-model computation, but expanding server and power infrastructure also creates demand for these components.

Fourth-quarter sales forecast at $5.8–6.3 billionTI guided to quarterly revenue of $5.8–6.3 billion and earnings of $2.45–2.79 per share. Over the trailing 12 months, operating cash flow was $9.9 billion, capital expenditure $2.6 billion and free cash flow $8.4 billion.

A broader view of chip demandTI serves a wider mix of end markets than companies concentrated in advanced AI accelerators. Simultaneous growth in industrial, automotive and data centers points to improvement across customer groups. Improvement across end markets can reduce dependence on a single investment cycle.

▮ SIGNALAI infrastructure spending supports power and control components beyond compute chips, while the breadth of end-market demand determines how balanced supplier growth becomes.