Texas Instruments Reports Strong Q1 Revenue Amid Data Center Demand
Texas Instruments reported Q1 revenue of $4.8 billion, up 9% from Q4 and 19% year-over-year, driven by data center and industrial demand. The company exceeded its revenue guidance and announced a $3.9 billion investment in R&D and SG&A expenses, along with $4.1 billion in capital expenditures. The acquisition of Silicon Labs is expected to close in H1 2027.
Tickers: $TXN
Topics: Acquisition Data Center Demand Q1 Earnings Semiconductor Market Recovery Texas Instruments