TXN projects Q3 revenue of $5.65 billion to $6.15 billion, reflecting 24.5% year-over-year growth amid rising AI infrastructure demand.
Texas Instruments (NASDAQ: TXN) expects Q3 revenue between $5.65 billion and $6.15 billion, with a midpoint of $5.9 billion. This implies a 24.5% year-over-year increase, driven by demand for its analog chips in AI infrastructure.
The company reported 23% year-over-year growth in Q2, its highest in years. Sequential growth has remained steady, though Q4 performance will be critical as it typically sees slower demand. TXN’s analog chips play a key role in managing power for AI chips, positioning it for long-term growth.
If TXN exceeds the top end of its Q3 guidance, it could signal further momentum, potentially supporting a 38% year-over-year revenue increase.