TXN · 10-Q · 2026Q2 · Full report
Capital Expenditure Guidance
TEXAS INSTRUMENTS INC · 2026-07-24 · Importance 68 · Surprise 42 · In source text
TI expects 2026 capital expenditures of $2 billion to $3 billion under its capital management strategy. Capital expenditures beyond 2026 will depend on revenue and growth expectations. The company’s first-half 2026 capital expenditures were $1.19 billion, primarily for semiconductor manufacturing equipment and facilities, while CHIPS Act incentives provided $1.10 billion of cash proceeds during the period.
Key facts
- Expect between $2 billion to $3 billion of capital expenditures in 2026; beyond 2026 capex dependent on revenue and growth expectations. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -5.9% | Expect between $2 billion to $3 billion of capital expenditures in 2026; beyond 2026 capex dependent on revenue and growth expectations. |
| assets | positive | committed | +5.9% | Expect between $2 billion to $3 billion of capital expenditures in 2026; beyond 2026 capex dependent on revenue and growth expectations. |