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TexasInstruments


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AMD, Intel lift chip index amid broader tech rally

BUZZ-AMD, Intel lift chip index amid broader tech rally ** Philadelphia Semiconductor Index .SOX rises as much as 0.9% to a two-week high ** Tech-related stocks rise in broad rally after softer U.S. jobs data boosts expectations for Federal Reserve rate cut in September .N ** Shares of Advanced Micro Devices AMD.O jump 5%, on pace for best day since February ** Intel Corp INTC.O leaps 2% to highest in over one month, Qualcomm Inc QCOM.O up 0.8%, GlobalFoundries GFS.O gains 3.7% ** U.S.
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Stocks to watch as Biden and Trump vie for presidency

FACTBOX-Stocks to watch as Biden and Trump vie for presidency July 3 (Reuters) - The first U.S. presidential debate saw President Joe Biden turning in a fitful performance , especially at the beginning, as he exchanged barbs with former President Trump on abortion, immigration, the wars in Ukraine and Gaza and even their golf games. Both candidates defended their handling of the economy ahead of the Nov.
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Chinese-owned chipmaker Nexperia invests $200 mln in European expansion

UPDATE 1-Chinese-owned chipmaker Nexperia invests $200 mln in European expansion Nexperia to add capacity in energy efficient chips Company expects growth in demand for chips used in EVs Updates with comments from Nexperia advocacy chief in paragraphs 6-8, 12-14 By Toby Sterling AMSTERDAM/HAMBURG, June 27 (Reuters) - Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expand capacity at its main prod
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Nvidia rises following $430 bln wipeout in three successive sessions

BUZZ-Nvidia rises following $430 bln wipeout in three successive sessions Updates ** AI Chipmaker Nvidia's NVDA.O shares up 3 % at $121 .67 ** Stock coming of a n ~13% slump in past three sessions, the steepest 3-day percentage loss since December 2022 ** C ompany has shed over $430 bln in market value since the close of June 18, more than combined
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Nvidia rises following $430 bln wipeout in three sessions

BUZZ-Nvidia rises following $430 bln wipeout in three sessions ** Shares of Nvidia NVDA.O gains 2% at $120.68 premarket ** stock coming of a ~13% slump in past three sessions, the steepest 3-day percentage loss since December 2022 ** Nvidia has shed over $430 bln in market value since close of June 18, which is more than the combined market value of AMD AMD.O and Texas Instruments TSX.N ** Stock hit June 10 low on Monday, erasing all the gains since the 10-for-1 stock split took effect ** Other
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Chipmakers' plans for factories in Europe, US and Asia

FACTBOX-Chipmakers' plans for factories in Europe, US and Asia Adds detail on STMicroelectronics' plant in France June 10 (Reuters) - Chipmakers across the globe are pouring billions of dollars into new plants, encouraged by the rising use of semiconductors in everyday devices and generous subsidies from the United States and the EU aimed at keeping the West ahead of China in the race for cutting-edge technology.
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Texas Instruments: don’t mess with Elliott

BREAKINGVIEWS-Texas Instruments: don’t mess with Elliott The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, June 7 (Reuters Breakingviews) - Texas Instruments TXN.O is shrewdly trying to capitalize on the microchip boom, but its ambition reflects the idea that everything’s bigger in its namesake home state.
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Chipmakers' plans for factories in Europe, US and Asia

FACTBOX-Chipmakers' plans for factories in Europe, US and Asia Adds details on investments from TSMC, Samsung, STMicroelectronics, SK Hynix, Rapidus and VDL May 31 (Reuters) - Chipmakers across the globe are pouring billions of dollars into new plants, encouraged by the rising use of semiconductors in everyday devices and generous subsidies from the United States and the EU aimed at keeping the West ahead of China in the race for cutting-edge technology.
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Aixtron down as Elliott's stake in Texas Instruments sparks concern

BUZZ-Aixtron down as Elliott's stake in Texas Instruments sparks concern ** Shares in German supplier of semiconductor manufacturers Aixtron AIXGn.DE are down 3.1% as of 09.18 GMT ** Likely falling on activists investors Elliott Investment Management disclosing a stake in key client Texas Instruments TXN.O , analyst Oliver Wojahn of mwb research sa
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Activist investor Elliott discloses $2.5 bln stake in Texas Instruments

UPDATE 4-Activist investor Elliott discloses $2.5 bln stake in Texas Instruments Adds background on company's spending plans in paragraphs 4 & 5 May 28 (Reuters) - Activist investor Elliott Investment Management disclosed a $2.5 billion stake in analog chipmaker Texas Instruments TXN.O and urged the chipmaker to improve its free cash flow. Elliott proposed in a letter to the company's board that Texas Instruments introduce a "dynamic capacity-management strategy", which would allow it to achieve
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Activist investor Elliott takes $2.5 bln stake in Texas Instruments, CNBC reports

Activist investor Elliott takes $2.5 bln stake in Texas Instruments, CNBC reports May 28 (Reuters) - Activist investor Elliott Management has taken a $2.5 billion stake in chipmaker Texas Instruments TXN.O , CNBC reported on Tuesday. Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli
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Activist Elliott Takes $2.5 Bln Stake In Texas Instruments, Urges Company To Improve Free Cash Flow-CNBC

BRIEF-Activist Elliott Takes $2.5 Bln Stake In Texas Instruments, Urges Company To Improve Free Cash Flow-CNBC May 28 (Reuters) - ACTIVIST ELLIOTT TAKES $2.5 BILLION STAKE IN TEXAS INSTRUMENTS, URGES COMPANY TO IMPROVE FREE CASH FLOW-CNBC Source text: https://tinyurl.com/2awtelkq
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Analog Devices forecasts robust quarterly revenue on chip market recovery

UPDATE 3-Analog Devices forecasts robust quarterly revenue on chip market recovery Updates shares, adds details from conference call in paragraph 5 May 22 (Reuters) - Analog Devices ADI.O forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its industrial chips after a prolonged slump, sending its shares up more than 8%.
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U.S. Arista Networks, Crescent Energy, Dell Technologies

U.S. RESEARCH ROUNDUP-Arista Networks, Crescent Energy, Dell Technologies May 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Arista Networks, Crescent Energy and Dell Technologies, on Monday. HIGHLIGHTS * Arista Networks Inc ANET.N : Evercore ISI raises target price to $340 from $320 * Crescent Energy Co CRGY.N : Gerdes Energy Research raises to buy from neutral * Dell Technologies Inc DELL.N : JP Morgan raises t
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US companies with highest exposure to China

FACTBOX-US companies with highest exposure to China May 14 (Reuters) - U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.
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GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery

GlobalFoundries forecasts Q2 revenue, profit above estimates on chip market recovery May 7 (Reuters) - GlobalFoundries GFS.O forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand for semiconductors after a years-long slump that was caused by surplus inventory at its customers. Shares of the contract chipmaker rose 4.2% before the bell.
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Microchip Technology expects weak quarterly results on excess inventory impact

Microchip Technology expects weak quarterly results on excess inventory impact May 6 (Reuters) - Microchip Technology MCHP.O forecast first-quarter net sales and profit below Wall Street estimates on Monday, signaling weak demand as customers continue to clear excess inventory, sending its shares down more than 4% in aftermarket trading. Slowing electric vehicle sales at a time when customers are clearing excess inventory have weighed heavily on demand for chips in the automotive industry, hitti
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NXP Semiconductors forecasts Q2 profit above estimates on industrial demand recovery

NXP Semiconductors forecasts Q2 profit above estimates on industrial demand recovery April 29 (Reuters) - NXP Semiconductors NV NXPI.O forecast second-quarter profit above estimates on Monday, as easing inventory corrections at its industrial and mobile customers helped offset decelerating revenue from automotive customers due to slowing EV demand.
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Texas Instruments Declares Q2 2024 Quarterly Dividend

BRIEF-Texas Instruments Declares Q2 2024 Quarterly Dividend April 25 (Reuters) - Texas Instruments Inc TXN.O : TEXAS INSTRUMENTS INC - DECLARED A QUARTERLY CASH DIVIDEND OF $1.30 PER SHARE OF COMMON STOCK Source text for Eikon: ID:nPnbqHcJla Further company coverage: TXN.O
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S&P 500 ends higher as markets weigh rising yields, upbeat corporate results

US STOCKS-S&P 500 ends higher as markets weigh rising yields, upbeat corporate results Meta shares sink after Q1 results Boeing's Q1 revenue falls Tesla shares jump on promise of new models Updates to 4:15 p.m. ET By Chibuike Oguh NEW YORK, April 24 (Reuters) - Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.
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