TXN · Earnings call · 2026Q3T · Full report

Capital Expenditure Program

TEXAS INSTRUMENTS INC · 2026-10-21 · Importance 60 · Surprise 24

Capital expenditures were $463 million in the third quarter and $2.6 billion over the trailing 12 months. Management expected 2026 capital expenditures to be between $2 billion and $3 billion, potentially near the high end if planned execution proceeds. TI is installing tools to expand capacity in existing clean rooms, with management citing tool-delivery lead times and demand as factors affecting the pace of spending; 2027 spending guidance was deferred to a later call.

Key facts

• TI's Q3 2026 capital expenditures were $463 million, and trailing-12-month capital expenditures were $2.6 billion.