TXN · Earnings call · 2026Q3T · Full report

Market Demand Trends

TEXAS INSTRUMENTS INC · 2026-10-21 · Importance 69 · Surprise 64

Management reported broad demand growth across end markets and regions, describing secular semiconductor-content growth alongside a cyclical recovery. In Q3 2026, industrial revenue grew more than 40% year over year, automotive grew in the mid-teens, and data center grew about 95%. Management said industrial momentum included aerospace and defense, energy infrastructure, test and measurement, and robotics, while automotive demand was supported by customers ramping production and greater hybrid, electric, and powertrain activity. The company said the demand environment was extending lead times, but management characterized TI as competitively positioned to support customers.

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