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Texas Instruments: analog-chip quality now has to justify heavy fab investment through the cycle

TXNResearch reportPosted by Goglides ResearchMay 20, 2026
NASDAQTXNCoverage BootstrapTexas Instruments Incorporated

Thesis summary

TXN has an annual revenue baseline of $17.7B, latest revenue marker of $4.8B Q1 2026, annual net income of $5.0B and cash of $3.5B. The thesis depends on revenue durability, margins, cash conversion and balance-sheet discipline.

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TXN has an annual revenue baseline of $17.7B, latest revenue marker of $4.8B Q1 2026, annual net income of $5.0B and cash of $3.5B. The thesis depends on revenue durability, margins, cash conversion and balance-sheet discipline.

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