NasdaqGS:TXNSemiconductor
Texas Instruments Data Center Surge Meets Premium Valuation And Recovery Hopes
Texas Instruments reported a 70% year over year surge in data center orders, turning a smaller segment into a key business driver.
Management plans to report data center as a separate business line going forward, highlighting its growing importance.
The company issued its first sequential revenue growth guidance in 16 years, pointing to a potential cyclical recovery for its core markets.
For investors watching NasdaqGS:TXN, this shift comes with the stock at $215.55 and solid recent...