Texas Instruments (TXN, Financial) recently experienced a notable stock price increase of 0.91%, reaching $200.00 per share. The trading volume was 4.48 million shares, with a turnover rate of 0.49% and a volatility of 2.02%. The semiconductor industry, where Texas Instruments operates, saw an overall gain of 1.46%.
In its latest financial report, Texas Instruments reported a revenue of $4.151 billion and a net profit of $1.355 billion, translating to earnings per share of $1.48. The company's gross profit was $2.474 billion, with a price-to-earnings ratio of 37.16. Among the 38 institutions that rated the stock, 34% recommended buying, 53% suggested holding, and 13% advised selling.
Within the semiconductor sector, other companies such as Alpha and Omega Semiconductor, Navitas Semiconductor, and Credo Technology Group Holding Ltd also recorded significant gains. Active stocks in the sector included Wolfspeed, Inc., Sealsq Corp, and Astera Labs, Inc., with turnover rates of 5.89%, 5.65%, and 4.16%, respectively. Notably volatile stocks were Alpha and Omega Semiconductor, Navitas Semiconductor, and Sealsq Corp, with volatilities of 34.35%, 12.84%, and 11.60%.
Based in Dallas, Texas Instruments is a leading global manufacturer of analog chips, which are essential for processing real-world signals like sound and power. The company is also a leader in the market for processors and microcontrollers, which are widely used in various electronic applications. Approximately 95% of its revenue comes from semiconductors, with the remainder from its well-known calculators.
