TXN · 10-Q · 2026Q3 · Full report

Capital Expenditures Program

TEXAS INSTRUMENTS INC · 2026-10-23 · Importance 79 · Surprise 64

Capital expenditures for the first nine months of 2026 were $1.65 billion, down from $3.63 billion in the year-ago period, and primarily funded semiconductor manufacturing equipment and facilities. TI expected 2026 capital expenditures of $2 billion to $3 billion, with spending beyond 2026 dependent on revenue and growth expectations. Over the trailing 12 months, capital expenditures were $2.578 billion, compared with $4.817 billion in the prior-year period. Planned capacity expansions increased year-to-date manufacturing costs and remained part of TI’s long-term capacity plan.

Key facts

• TI's capital expenditures were $1.65 billion in the first nine months of 2026, compared with $3.63 billion in the year-ago period, primarily for semiconductor manufacturing equipment and facilities. source