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The Market Thinks Texas Instruments (TXN) Is a Boring Analog Chipmaker; AI Data Centers Disagree
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Arete Research, an independent research firm, has upgraded Texas Instruments Incorporated (NASDAQ:TXN) to Buy from Neutral and lifted its price target to $405 from $303.
The analyst believes that Texas Instruments is well-positioned with respect to capacity, which should yield significant market share gains during this cycle.
And power is exactly what Texas Instruments, nicknamed by the market as “boring analog,” sells.
Texas Instruments serves this critical conversion layer through high-voltage gallium-nitride (GaN) power devices, real-time motor control, and sensing technology.
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