Texas Instruments gains as analysts cite surging data center power needs boosting analog chip demand.
Seaport Research Partners upgraded Texas Instruments (TXN) to Buy, citing increased power demand and electrical intensity per rack in AI infrastructure. The firm expects the analog semiconductor maker to benefit from these trends.
Shares of TXN rose 1.5% in premarket trading following the upgrade. The move follows broader market focus on AI-related hardware demand, though TXN has lagged peers in recent quarters.
The upgrade reflects growing investor attention on power management chips as data centers expand to support AI workloads.