Overview
- The company reported record quarterly revenue of $5.46 billion and GAAP EPS of $2.14, beating Wall Street estimates.
- Texas Instruments set third-quarter guidance above consensus with revenue of $5.65–$6.15 billion and EPS of $2.23–$2.57.
- Management said growth is being driven mainly by unit demand, noted that data-center sales doubled year over year, and reported clearer strength in automotive and industrial markets.
- Operational leverage pushed gross margin to 61% and operating profit to $2.3 billion, while trailing-12-month free cash flow rose to $6.5 billion and inventory days fell to 196.
- Shares slipped about 5% in after-hours trading as investors took profits after a large year-to-date rally even as the company held a $2–3 billion capex range, maintained its long-running dividend policy, and kept the planned Silicon Labs deal on track to close in H1 2027.