PREVIEW: Texas Instruments hits its record intraday high; results due after the bell

Texas Instruments

22/04/2026 19:15

** Texas Instruments TXN.O shares gaining 1.4% to an intraday record high on Wed ahead of qtrly results after the bell, with the co seen reporting higher rev and EPS

** The analog chipmaker is expected to report Q1 rev of $4.53 bln  vs $4.07 bln a yr ago and adj EPS of $1.37 vs $1.28 a yr ago, per LSEG

** The stock hit an intraday high as the broader market also gained on Wed

** Investors are likely to focus in co's results on demand from AI data centers

** In Jan, the co forecast upbeat Q1 results, citing robust demand for its analog chips from booming AI data center expansions and signs of an inventory correction ending

** The median 12-mo PT on the stock is $225 compared with a current price of $236.51

** The stock has jumped ~36% YTD, far outpacing the Nasdaq's .IXIC ~6% gain

(Reporting by Caroline Valetkevitch )

((caroline.valetkevitch@thomsonreuters.com))