The chipmaker reports Q2 2026 revenue of $5.5 billion, up 23% year-over-year, driven by industrial and data center demand.
Texas Instruments forecast third-quarter revenue of $5.65 billion to $6.15 billion as it implements customer-specific price increases. The outlook follows a stronger-than-expected second quarter, with revenue reaching $5.5 billion, a 13% sequential and 23% year-over-year increase.
The company attributed growth to rising demand in industrial and data center markets. Second-quarter results exceeded prior guidance, reflecting accelerated expansion in key segments. No prior consensus estimate was provided for comparison.
Management did not disclose immediate market reactions during the earnings call.