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TXN — Texas Instruments
_Last updated 2026-10-23 09:00 ET from report. Screening/research, not investment advice._
Business
Analog and embedded-processing chips (power management, signal conversion) for industrial, auto, data center, personal electronics; in-house 300mm fabs — TI release, 2026-10-21; Reuters, 2026-10-21.
Catalysts, guidance & news
- 2026-10-21 AMC, Q3: revenue $6.06B (+28% y/y, +11% q/q), EPS $2.62 (incl. 1¢ discrete tax); Q4 guide revenue $5.80–6.30B (above $5.73B consensus), EPS $2.45–2.79 (TI release; Reuters).
- End markets Q3: industrial +40%+ y/y, auto mid-teens, data center ~+95% y/y, personal electronics ~flat; GM 64%; inventory 194 days; dividend raised 7% to $1.52 in September (TI call transcript, 2026-10-21).
- Beat-and-raise yet −1.81% Oct 22 (TRAI) — sold with the group (IBD, 2026-10-22). Bellwether for analog peers ADI, MCHP, ON.
TRAI data (2026-10-23 8:53 AM ET premarket run; daily stats = Oct 22 session)
- Sector (TRAI): Semis. Oct 22: -1.81%, relVol 2.51, ATR 3.32%, beta60 1.22, indicated gap -0.30%, signals: short_momentum (TRAI /api/latest).
- Next earnings: none on file (next = null) (TRAI /api/events, asOf 2026-10-23).
- Typical earnings reaction (last 4): avg |gap| 4.93% (1.68 ATR), max |gap| 10.16%, gap fill rate 25%, continuation 75%, avg day-1 move in gap direction +3.34% (TRAI /api/events).
- Recent events: 2026-01-27 AMC: gap +3.68%, day-1 +6.04%, close-close +9.94%, EPS surprise -2.89%; 2026-04-22 AMC: gap +10.16%, day-1 +8.42%, close-close +19.43%, EPS surprise 22.76%; 2026-07-22 AMC: gap -5.74%, day-1 +2.77%, close-close -3.13%, EPS surprise 10.48%; 2026-10-21 AMC: gap -0.15%, day-1 -1.66%, close-close -1.81%, EPS surprise 7.94% (TRAI /api/events).
- Correlation cluster 1 (avg ρ 0.588, 60d): ON, MCHP, TXN, ADI, CAT, ANET, VRT, GEV, ETN, AVGO, MU, TSM, ASML, KLAC, AMAT, LRCX, MRVL, ARM, AMD, INTC, NVDA, ORCL, SMCI, DELL (TRAI /api/correlations, asOf 2026-10-22).
- Highest 60d correlations: ADI 0.88, MCHP 0.75, ON 0.71, CAT 0.62, ASML 0.62 (TRAI /api/correlations).