Rising industrial demand and AI data centre momentum fuel a strong fourth-quarter outlook for the US chipmaker.
Texas Instruments (TI) has forecast fourth-quarter revenue above Wall Street expectations, signalling a steady recovery in industrial semiconductor demand alongside growing momentum for its artificial intelligence data-centre products.
The Dallas-based manufacturer projects fourth-quarter revenue to land between $5.80bn and $6.30bn, surpassing the average analyst estimate of $5.73bn compiled by LSEG. Quarterly profit is expected to range between $2.45 and $2.79 per share.
Unlike design-focused AI processor specialists such as Nvidia, TI focuses on analog semiconductors that manage power systems and convert real-world signals—including light, temperature, and sound—into digital data for other processors to interpret.
As one of the first major semiconductor firms to report quarterly earnings, TI is widely regarded as a bellwether for the broader electronics sector due to the widespread reliance on its analog and embedded components across smartphones, vehicles, personal computers, and industrial machinery.
For the third quarter, TI reported a 28 per cent year-on-year revenue increase to $6.06bn, beating consensus estimates of $5.92bn. Net profit for the period surged 77 per cent to $2.62 per share.
Chief Executive Haviv Ilan noted that cash flow from operations reached $9.9bn over the trailing 12 months, highlighting the strength of the company’s business model, product portfolio, and the cost efficiency of its 300mm manufacturing operations.
