Texas Instruments (TXN) Signals Recovery in Factory and Automation Markets, CEO Says

Texas Instruments Incorporated (NASDAQ:TXN) is included among the 14 Stocks on the Verge of Becoming Dividend Aristocrats.

On March 5, speaking at the Morgan Stanley Technology, Media & Telecom Conference, Haviv Ilan, chairman, president, and CEO of Texas Instruments Incorporated (NASDAQ:TXN), discussed recent trends in the company’s industrial business.

He said the environment looks different from what the company saw a year ago. During the fourth quarter, industrial revenue grew nearly 20% year over year. What stood out, he explained, was how broad the demand had become. Earlier, growth was concentrated in areas like aerospace, defense, and energy infrastructure, many of which are tied to AI-related investments. More recently, the company has started to see strength returning in traditional industrial markets.

Areas such as factory automation, medical equipment, and building automation have begun to pick up again. Ilan suggested that a rebound was expected, given how far these segments had fallen below their long-term trend. He also pointed to the improvement seen month by month. The trend strengthened as the quarter progressed, and the early part of the first quarter has continued in the same direction.

Texas Instruments Incorporated (NASDAQ:TXN) designs, manufactures, tests, and sells analog and embedded processing semiconductors. Its chips are used across several end markets, including industrial systems, automotive applications, personal electronics, communications equipment, and enterprise infrastructure.

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